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FUNDRAISING NEWS | May 05, 2023

Ohio Police & Fire Commits $40M to PE; Hires Commodities Manager

Tags: Pension Funds, Searches, Alternative Insights, Private Equity

The Ohio Police & Fire Pension Fund has disclosed a $40 million commitment to Cortec Group VIII.

The private equity fund focuses on the lower middle market, targeting investments in health care, business-to-consumer products, business-to-business products and specialty services and distribution sectors in North America.

In addition, the $17.3 billion Pension Fund selected Parametric to manage a $350 million mandate in a new commodities asset class. The commodities asset class was approved in August 2022 with a target allocation of 2%. Wilshire assisted with the search process.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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