---
title: Ohio Police & Fire Commits $40M to PE; Hires Commodities Manager
description: Ohio Police & Fire Commits $40M to PE; Hires Commodities Manager.
---

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# [Ohio Police & Fire Commits $40M to PE; Hires Commodities Manager](https://dakotafunds.com/dakota-funds/fundraising-news/ohio-police-fire-commits-40m-to-pe-hires-commodities-manager)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | May 05, 2023

The Ohio Police & Fire Pension Fund has disclosed a $40 million commitment to Cortec Group VIII.

The private equity fund focuses on the lower middle market, targeting investments in health care, business-to-consumer products, business-to-business products and specialty services and distribution sectors in North America.

In addition, the $17.3 billion Pension Fund selected Parametric to manage a $350 million mandate in a new commodities asset class. The commodities asset class was approved in August 2022 with a target allocation of 2%. Wilshire assisted with the search process.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/ohio-police-fire-commits-40m-to-pe-hires-commodities-manager)

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