OP&F News

OP&F Investment notes, August 2024

Portfolio value: The OP&F portfolio was valued at $18.68 billion as of Aug. 27.

OP&F commits to cold storage fund

The OP&F Board approved a real estate commitment of up to $75 million to WPC New Cold III. The closed-end opportunistic fund is concentrated in owning and operating automated temperature-controlled storage facilities in US, Europe, and APAC regions.

This represents OP&F’s fourth real estate commitment of 2024, which puts total commitments slightly above the targeted amount. OP&F’s real estate portfolio is valued at $1.84 billion, or 9.9 percent of the total portfolio. The target for real estate is 12 percent.

Infrastructure fund receives $125 million commitment

The Board also approved a commitment of up to $125 million to Blackstone Infrastructure Partners as a part of the OP&F Real Assets portfolio. The fund is a core plus, open-end fund with a focus primarily on North America. The fund will focus on opportunities in the energy transition, transportation infrastructure and digital infrastructure sectors.

The Blackstone commitment is the first real assets commitment of 2024 for OP&F. The Real Assets portfolio is valued at $1.13 billion, or 6.1 percent of the total portfolio. The interim target for real assets is 6.7 percent.

Posted 8/30/2024

 

Other News

OP&F Investment notes, September 2024
- Posted June 26, 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
OP&F Investment notes, June 2024
- Posted June 26, 2024
Cozart wins OP&F trustee election
- Posted May 28, 2024
Results of trustee election to be announced May 28
- Posted May 22, 2024
Contact election administrator for trustee ballot questions
- Posted May 15, 2024
Annual statements available online for active members
- Posted May 13, 2024
Reminders about health care stipend eligibility
- Posted May 09, 2024
OP&F Investment notes, April 2024
- Posted April 26, 2024
OP&F headquarters among regional building of the year winners
- Posted April 25, 2024
Member’s Report Spring Newsletter now available
- Posted April 19, 2024
OP&F Virtual retirement meetings
- Posted April 05, 2024
2024 Direct deposit dates for benefit payments
- Posted March 21, 2024
OP&F Investment notes, March 2024
- Posted March 07, 2024
Forms page on OP&F website
- Posted March 05, 2024
App helps OP&F retirees manage Health Reimbursement Arrangement
- Posted February 28, 2024
Options available for retirement interviews
- Posted February 14, 2024
Alight Two-Step Verification
- Posted February 06, 2024
Board of Trustees 2024 elections
- Posted February 05, 2024
Member’s Report Winter Newsletter now available
- Posted January 17, 2024
Promises must be kept
- Posted December 29, 2023
2024 Direct deposit dates for benefit payments
- Posted December 08, 2023
OP&F Investment notes, December 2023
- Posted December 07, 2023
OP&F responds to city lobbying groups opposed to HB 296, praises Senate for intro. of SB 194
- Posted November 28, 2023
DROP distribution deadlines for 2023
- Posted November 13, 2023
Member’s Report Fall Newsletter now available
- Posted November 03, 2023
OP&F Investment notes, November 2023
- Posted November 02, 2023
Contacting OP&F
- Posted October 25, 2023
Website FAQ pages can assist OP&F members and employers
- Posted October 11, 2023
Representatives Abrams and Hall Introduce updated Public Safety Pension Modernization Act
- Posted October 05, 2023