Friday, December 27, 2024

Ohio SERS targets real estate debt, secondaries and strategic infrastructure

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School Employees Retirement System of Ohio’s (SERS) investment plan for fiscal 2025 includes investing with real estate debt and secondary funds, co-investments with trusted managers and targeting energy transition, digital, and inflation-protected infrastructure sectors.

The pension fund disclosed in a meeting document that for the year that started 1 July, it intends to keep real estate investments within the 10-15% range and infrastructure within the 5-10% range, in line with their long-term investment strategy.

Ohio SERS currently has a $2.2bn (€2bn) real estate portfolio, representing 12.2% of the pension fund’s $18.4bn total plan assets. The real estate allocation target is 13%.

The infrastructure portfolio accounts for $1.2bn or 6.7% of the total plan assets. Infrastructure has an allocation target of 7%.

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