Ohio State Teachers' Retirement System, Columbus, disclosed two new commitments totaling $125 million to growth equity funds managed by Summit Partners and Thoma Bravo.
At the $95.3 billion pension fund's board meeting Sept. 16, investment staff disclosed commitments of $75 million to Summit Partners Growth Equity Fund XI and $50 million to Thoma Bravo Growth Fund, spokesman Nick Treneff said in an email.
The pension fund previously committed $100 million to Summit Partners Growth Equity Fund X in 2019 and $100 million to Thoma Bravo XIV in 2020.
As of July 31, the pension fund's actual allocation to private equity was 11.8%.
