OP&F News

OP&F Investment notes, March  2023

Notes from the Investment Committee meetings on Feb. 28-March 1

Portfolio value: The OP&F portfolio was valued at $17.0 billion as of Feb. 28

OP&F commits $40 million to private markets fund

The OP&F Board approved a commitment of up to $40 million to TA XV, a private markets fund focusing on middle market opportunities. TA XV will mostly target tech, health care and financial opportunities in North America and Europe. OP&F also has investments in previous TA funds (XI, XII, XIII, and XIV).

OP&F’s private markets portfolio is valued at $1.45 billion, or 8.4 percent of the total portfolio. The current, interim target for the asset class is 8.5 percent, while the long term target is 10 percent.

New commitment made to infrastructure fund

OP&F’s Board of Trustees approved a commitment of up to $80 million to Brookfield Infrastructure Fund V. The fund is a non-core fund concentrating in opportunities in North America, Western Europe and Asia and South America. Sectors include transportation, data, renewable power, utilities and energy. OP&F also invests in Brookfield Infrastructure Fund IV.

Infrastructure is a part of the OP&F Real Assets portfolio (and also includes agriculture and timber investments). OP&F’s real assets portfolio is valued at $968 million, or 5.6 percent of the total portfolio. The current, interim target for the asset class is 5.5 percent, while the long term target is 8.0 percent.

Posted 3/6/2023

Other News

2023 Direct deposit dates for benefit payments
- Posted March 20, 2023
Alight launches new site
- Posted March 14, 2023
No holdings for OP&F in failed banks
- Posted March 13, 2023
OP&F Investment notes, March 2023
- Posted March 06, 2023
Eligibility for the OP&F health care stipend: what to do when you have a QLE
- Posted February 27, 2023
Options available for retirement interviews
- Posted February 17, 2023
OP&F Employees Charities 2022
- Posted February 13, 2023
Board of Trustees Elections 2023
- Posted February 06, 2023
OP&F Investment notes, January 2023
- Posted January 26, 2023
IRS using new versions of W-4P, W-4R for 2023 tax year
- Posted January 19, 2023
Member's Report Winter Newsletter Now Available
- Posted January 13, 2023
Direct Deposit Dates 2023
- Posted December 29, 2022
DROP distribution deadlines for 2022
- Posted November 02, 2022
Which plans are eligible for the OP&F stipend?
- Posted October 28, 2022
OP&F exceeds expectations for 2021
- Posted October 26, 2022
Members Report Fall Newsletter Now Available
- Posted October 21, 2022
OP&F Pre-Retirement Webinar video now available
- Posted October 17, 2022
Blade misrepresents OP&F. Read our response.
- Posted September 19, 2022
Poll shows public support for police and fire, HB 512
- Posted September 15, 2022
OP&F Pre-Retirement Webinars
- Posted September 12, 2022
OP&F hosts flag raising ceremony on Saturday Sept. 10
- Posted September 09, 2022
Fraud continues to target pensioners
- Posted September 06, 2022
Alight seminars held in September
- Posted August 25, 2022
New app will help OP&F retirees manage Health Reimbursement Arrangement
- Posted August 22, 2022
Independent audit report shows OP&F is well run
- Posted August 31, 2022
Member’s Report Summer Newsletter now available
- Posted July 22, 2022
OP&F answers Toledo Blade editorial
- Posted July 08, 2022
Thin Blue Line offers an ACA accredited plan that is stipend-eligible for OP&F retirees
- Posted July 08, 2022
2021 Financial reports now available
- Posted July 06, 2022
ORSC defers action on HB 512 analysis
- Posted June 09, 2022
OP&F letter to ORSC regarding HB 512 analysis
- Posted June 09, 2022
Aon rebranding to Alight Retiree Health Solutions
- Posted May 16, 2022
ORSC: OP&F outperformed own benchmarks and peers in 2021
- Posted May 13, 2022
Members Report Spring Newsletter Now Available
- Posted May 06, 2022
OP&F Investment notes, April 2022
- Posted April 28, 2022
Russian divestment update
- Posted April 28, 2022
Testimony provided for HB 512
- Posted April 04, 2022