School Employees’ Retirement System of Ohio approves $40m commitment

The US public pension has backed Harrison Street's debut open-ended real estate fund.

Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, United States
AUM: $14.52bn
Allocation to alternatives: 24.80%
Bitesize: $10-50m

School Employees’ Retirement System of Ohio has agreed to commit $40 million to Harrison Street Social Infrastructure Fund, according to the pension’s latest monthly report. The open-ended fund is focused on student housing investments in North America.

The $14.52 billion US public pension has a 15.0 percent target allocation to real estate which currently stands at 12.0 percent.

According to the charts below, the aforementioned commitment is the pension’s first to a real estate fund since $50 million to Almanac Realty Securities VIII in July 2018.

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