OP&F News

OP&F Investment notes, December 2023

Portfolio value: The OP&F portfolio was valued at $17.2 billion as of Dec. 4

Board approves real estate recommendation to Blackstone Property Partners

A commitment of up to $100 million to Blackstone Property Partners was approved at OP&F’s Dec. 6 Board meeting. The open-end, core/core-plus fund focuses on substantially stabilized office, multi-family, studio & media office, retail, data centers, student housing, life science office and industrial real estate opportunities in the U.S. and Canada.

OP&F’s real estate portfolio was valued at $1.9 billion as of Oct. 31, or 11.44 percent of the total portfolio. The target for the asset class is 12 percent.

Final Private Markets Investment commitment made for 2023

The OP&F Board made a private markets commitment of up to $40 million to Trinity Hunt Partners VII at its Dec. 6 meeting. Trinity Hunt VII looks to make control investments in North American small and micro-cap businesses.

OP&F’s private markets portfolio is valued at $1.45 billion as of Oct. 31, or 8.7 percent of the total portfolio. The target for the asset class is 10.0 percent. In 2023, OP&F has committed $235 million to private markets investments. The target for commitments in 2023 was between $220 million and $250 million.

Posted 12/07/2023

 

Other News

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
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