OP&F approves $60m commitment

The US public pension has backed a North American real estate fund.

Institution: Ohio Police & Fire Pension Fund
Headquarters: Columbus, United States
AUM: $15.66 billion
Allocation to alternatives: 25.92%

Ohio Police & Fire Pension Fund has agreed to commit $60 million to Oaktree Real Estate Opportunities Fund VII, a contact at the pension informed PERE.

The $15.66 billion US public pension has a 12 percent target allocation to real estate that currently stands at 11.01 percent.

As illustrated below, the pension fund’s recent commitments are to funds focused on the industrial, residential and office sectors within the North America region.

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