Friday, 1 July 2016
Last updated 24 min ago
Jun 27 2012 | 11:07am ET
The Ohio School Employees Retirement System has invested a combined $80 million in a private equity fund and a hedge fund.
The bigger chunk, $50 million, went to Warburg Pincus and its latest private equity fund, Warburg Pincus XI, Pensions & Investments reports. The investment is actually one-third less than the $75 million Ohio Schools invested in Warburg Pincus X.
The $10.5 billion pension also invested $30 million with Manatuck Hill Partners. The money will go into Connecticut-based Manatuck Hill's Mariner fund, a long/short equity offering.