OHSERS approves $100m commitment

The US public pension has backed a North American private debt fund.

Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, US
AUM: $14.98 billion
Allocation to alternatives: 27.60%

School Employees’ Retirement System of Ohio has agreed to commit $100 million to Ares Private Credit Solutions II, a contact at the pension informed Private Debt Investor.

The $14.98 billion US public pension has a 5.0 percent target allocation to private debt that currently stands at 1.60 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the corporate sectors within the Asia-Pacific, Europe, Middle East/Africa and North America regions.

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