OP&F adds private credit allocation

The Ohio pension's private debt target is now 5%.


The Ohio Police & Fire Pension Fund's High Yield allocation will be reduced from 15 percent to 7 percent with private credit, which had been included within High Yield, getting a separate 5 percent allocation. The fund has also committed $50 million to CapitalSpring Investment Partners V.


The $15 billion US public pension has a 19 percent allocation to alternatives including private debt.

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