Ohio State Teachers' Retirement System, Columbus, committed $15 million to Quadrant Private Equity Fund No. 7.
It is the $84.7 billion pension fund's fifth commitment to a private equity fund managed by Quadrant Private Equity, said Nick Treneff, pension fund spokesman.
Quadrant Private Equity invests in middle-market companies in Australia and New Zealand. Ohio State Teachers' most recent commitment to a Quadrant fund was $25 million to private equity fund Quadrant Growth Fund in 2019.
As of Nov. 30, the pension fund's actual allocation to private equity was 10.1%.