Asset Owner Directory

School Employees Retirement System of Ohio (OHSERS)

The School Employees Retirement System of Ohio (SERS) was established in 1937 with the mission to provide its membership with valuable lifetime pension benefit programs and services. In fiscal year 2020, SERS served 156,579 active, contributing members and 80,851 benefit recipients. SERS paid out over $1.4 billion in pension and health care reimbursements of which more than $1.3 billion was returned to Ohio’s economy. SERS is a defined benefit public pension plan. This means that SERS provides a specific, lifetime pension benefit based on a member’s age, amount of service credit, and average of the member’s highest three years of salary


United States

AUM ($B)




Chief Executive

Richard Stensrud

Chief Investment Officer

Farouki Majeed


Barbara Phillips

Asset allocation
Global Equities (48.4%), Global Private Equity (10.2%), Global Fixed Income (14.8%), Global Private credit (2.7%), Global Real Assets (14.7%), Opportunistic Investments (4.5%), Cash Equivalents (4.7%)

46.5% Global equities

11.4% Global private equity

14.7% Global fixed income

3.0% Global private credit

15.4% Global real assets

4.6% Opportunitic & tactical investments

4.4% Cash equivalents related articles
Asset Allocation

The ingredients for success in private credit

Investing in private credit brings income and supports capital preservation, but as more investors enter the asset class, competition for assets is set to heat up. Investors from South Carolina Retirement Systems Investment Commission, Investment Management Corporation of Ontario and Ohio School Employees Retirement System explain their approaches.
Investor Profile

Debt concerns drive Ohio allocations

Farouki Majeed is worried about the future. His concerns are centred around the implications of the enormous US federal debt; the global competitiveness of the US and Chinese economies; inflation; and the potential erosion of the value of the US dollar.
Asset Owner Directory