OP&F approves $50m commitment

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

Institution: Ohio Police & Fire Pension Fund
Headquarters: Columbus, US
AUM: $16.24 billion
Allocation to alternatives: 31.19%

Ohio Police & Fire Pension Fund has agreed to commit $50 million to Raven Asset-Based Credit Fund II, a contact the pension informed Private Debt Investor.

The $16.24 billion US public pension has a 5.0 percent target allocation to private debt that currently stands at 3.05 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the corporate and real estate sectors within the Europe and North America regions.

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