Ohio Police & Fire Commit $100M to Private Equity, Private Credit

The Ohio Police & Fire Pension has approved two alternative investments totaling up to $100 million, according to a meeting summary from the December 7 board meeting.

$50 million was committed to the private equity fund, GTCR XIV. 

$50 million was also committed to the private credit fund, HPS Specialty Loan Fund VI.

As of October 31, 2022, the $16.9 billion pension fund allocates 8.72% to Private Markets and 2.76% to Private Credit. The Long-Term Policy targets for Private Markets and Private Credit are 8% and 5% respectively.

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