The Ohio Police and Fire Pension Fund has approved two alternative investments totaling up to $120 million, according to the meeting summary from the February 28 investment committee meeting.
$40 million was committed to the buyout fund, TA XV, managed by TA Associates.
$80 million was committed to the infrastructure fund, Brookfield Infrastructure Fund V.
As of December 31, 2022, the $17 billion fund allocates 8.66% to Private Equity and 10.65% to Real Assets. The long-term policy targets for both asset classes are 8% and 13% respectively.
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