Institution: Ohio Police & Fire Pension Fund
Headquarters: Columbus, United States
Allocation to alternatives: 24.30%
Ohio Police & Fire Pension Fund approved a $60 million commitment to Waterton Residential Property Venture XIV at its April 2020 investment committee meeting, a contact at the pension confirmed to PERE.
The $14.54 billion US public pension has a 12.0 percent target allocation to real estate that currently stands at 10.30 percent.
As illustrated below, OP&F’s previous four real estate commitments have comprised of two value-add funds, with one vehicle each pursuing core-plus and debt investment strategies.
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