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Columbus, Ohio—The Ohio Police & Fire Pension Fund (OP&F) announced today that they will solicit proposals beginning March 31, 2003, from qualified firms to provide developed markets non-U.S. equity investment management services benchmarked against the MSCI EAFE Index . OP&F will select one or more investment advisors to manage up to approximately $700 million of assets in a non-U.S. equity portfolio with a projected commencement date in August 2003.
OP&F will accept proposals until 3:00 p.m. EST on Friday, April 25, 2003. Interested parties can obtain a Request for Proposal (RFP) from OP&F's website (www.op-f.org) or by submitting a written request by mail to: Ms. Janeane Mayesky, Purchasing Manager, Ohio Police & Fire Pension Fund, 140 East Town Street, 9th floor, Columbus, OH 43215 or by fax to (614) 564-1549.
OP&F is one of five state pension funds in Ohio, with assets over $7 billion. Created in 1965 as a result of an act passed by the Ohio General Assembly, OP&F is a multi-employer pension fund serving over 50,000 members. External advisors manage all of OP&F's asset classes with the exception of fixed income. OP&F's target asset allocation is 48% to U.S. Equity, 20% to non-U.S. Equity, 18% to Core Bonds, 8% to Real Estate, 5% to High Yield Bonds, and 1% to Private Equity.
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Contact: Dave Graham (614) 628-8396, firstname.lastname@example.org