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

OP&F remains diligent in finding options for those with Thin Blue Line insurance
- Posted June 26, 2025
OP&F investment performance continues to shine, despite volatile first quarter in 2025
- Posted June 18, 2025
Member's Report Spring Newsletter now available
- Posted May 15, 2025
OP&F offers guidance to Thin Blue Line members
- Posted May 01, 2025
OP&F Investment notes, March 2025
- Posted March 27, 2025
Social Security announces retroactive payments and higher benefits for those affected by WEP/GPO repeal
- Posted February 27, 2025
OP&F keeping an eye on when Social Security refunds will be available from WEP repeal
- Posted February 06, 2025
OP&F tops among Ohio pension funds for 2024 investment returns
- Posted February 03, 2025
OP&F Investment notes, January 2025
- Posted February 03, 2025
Board dates updated for 2025
- Posted January 29, 2025
1099-R forms mailed to members, posted to OP&F Member Self-Serve
- Posted January 29, 2025
Member’s Report Winter Newsletter now available
- Posted January 08, 2025
U.S. Senate passes Social Security bill to repeal WEP and GPO
- Posted December 23, 2024
2025 Direct deposit dates for benefit payments
- Posted December 13, 2024
HB 296 passes Ohio House; on to the Senate
- Posted December 05, 2024
HB 296, SB 194 are essential; Ohio’s cities and municipalities need to pay their debts
- Posted November 21, 2024
WEP-GPO repeal bill passes US House
- Posted November 19, 2024
OP&F clarifies availability of stipend for Wellcare Rx plan in 2025
- Posted October 25, 2024
Member’s Report Fall Newsletter now available
- Posted October 15, 2024
Alight now offering health care planning appointments to all OP&F retirees
- Posted September 09, 2024
OP&F Investment notes, August 2024
- Posted August 30, 2024
OP&F Memorial Park - A lasting memorial
- Posted July 30, 2024
Member’s Report Summer Newsletter now available
- Posted July 15, 2024
OP&F Pre-Retirement Seminars and Webinar
- Posted July 11, 2024