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: $15.10 billion
Allocation to alternatives: 29.20%

Ohio Police & Fire Pension Fund has agreed to commit $50 million to Crayhill Principal Strategies Fund II, a contact at the pension informed Private Debt Investor.

The $15.10 billion US public pension has a 3.30 percent target allocation to private debt that currently stands at 5.0 percent.

As illustrated below, the pension fund’s recent commitments have been to funds focused on the corporate sector within North America.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.