SERS Ohio approves $175m commitments

Name: School Employees’ Retirement System of Ohio
Headquarters: Columbus, US
AUM: $17.3 billion
Allocation to alternatives: 21.6%

School Employees’ Retirement System of Ohio (SERS) has allocated $175 million to two private debt vehicles, according to recent meeting materials.

The public pension committed $100 million to Carlyle Credit Opportunities Fund III and $75 million to HPS Specialty Loan Fund VI.

SERS’ recent private debt commitments have focused on the Subordinated/mezzanine debt and Senior debt strategies in the North American region.

School Employees’ Retirement System of Ohio allocated 5.8 percent of its total portfolio to private debt, amounting to $1 billion in capital.

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