Ohio School Employees' Commits $85M to Alts

The School Employees’ Retirement System of Ohio has disclosed four commitments totalling $85 million to private credit, real estate, and real assets, per meeting highlights from the February 2024 board meeting.

In private credit, $50 million was allocated to Carlyle CLO Partners Preferred.

In real estate, $10 million was allocated to GI Partners Elk Grove Data Center Co-Investment.

Lastly, in real assets, $10 million was allocated to GIP CAPS II Lackawanna Power Plant Co-Investment, an infrastructure strategy, and an additional $15 million was allocated to GIP Oak Co-Invest III Core Fund Vantage Towers, a core infrastructure strategy.

The investments will be funded from cash reserves.

As of December 31, 2023, the Pension Fund has a market value of $18.23 billion.

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