Ohio School Employees’ approves $30m commitment

The US public pension has backed Francisco Partners' corporate debt fund.

Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, United States
AUM: $14.46bn
Allocation to alternatives: 24.80%
Bitesize: $10-50m

School Employees’ Retirement System of Ohio has approved a commitment of $30 million to Francisco Partners Credit Fund, according to the pension’s latest meeting minutes.

Francisco Partners’ fund will issue senior loans to companies in North America and Western Europe.

As illustrated in the charts below, the pension has made four commitments to private debt vehicles with a 2018 or 2019 vintage, which combined constitute $195 million.

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