OP&F News

OP&F Investment Notes May 2019

Notes from the Investment Committee meeting on May 22

Portfolio value:
The OP&F portfolio was $15.6 billion as of 5/21

OP&F approves direct lending investment
The OP&F Board approved a recommendation to invest up to $50 million in GSO European Debt Fund II. ESDF II will seek to provide privately originated senior secured financing to upper middle market European corporates.

OP&F’s private credit portfolio is currently valued at $317 million, or 2.0 percent of the total portfolio. The long term target for the asset class is 5.0 percent.

Private markets investment approved
The OP&F Board approved a recommendation to invest up to $20 million in Trident VIII. Trident VIII will concentrate on opportunities in the financial services industry in North America and Western Europe. OP&F has an existing investment in Trident VII.

OP&F’s private markets portfolio is currently valued at $1.26 billion, or 8.0 percent of the total portfolio, which is also the target allocation. Trident VIII is the third investment in private markets totaling $60 million so far in 2019. The 2019 investment plan allotted $120 million for investment, which is expected to allow for three additional commitments of up to $20 million each for the remainder of the year.

Wilshire presents first quarter performance report
OP&F’s investment consultant, Wilshire Associates, presented the performance report for periods ended March 31, 2019. The portfolio had a 7.95 percent net return for the first quarter and a 5.92 percent net return for the 12 months ended March.

Posted 5/23/2019

Other News

The Bridge sponsoring retreat for first responders
- Posted January 21, 2020
Secure Act changes age for withdrawals
- Posted January 10, 2020
Webinars planned to inform about Medicare choices
- Posted January 10, 2020
Member’s Report Winter Newsletter now available
- Posted January 08, 2020
2020 Direct deposit dates for benefit payments
- Posted December 23, 2019
Pre-Medicare open enrollment extended until Dec. 18
- Posted December 17, 2019
Reminder for Medicare retirees: open enrollment period ends Saturday, Dec. 7
- Posted December 02, 2019
DROP distributions information
- Posted November 27, 2019
Medicare Part D “Donut Hole” changes for 2020
- Posted November 26, 2019
YSA has new mailing address for stipend reimbursements
- Posted November 22, 2019
Blue Cross/Blue Shield plans from Solidarity Health Network are stipend-eligible
- Posted November 19, 2019
OP&F working with Aon to resolve online issues
- Posted November 18, 2019
Pre-Medicare retirees: what plans are available in my county?
- Posted November 01, 2019
Higher DROP interest rate approved by Board
- Posted October 29, 2019
OP&F Investment Notes, October 2019
- Posted October 25, 2019
Court dismisses claims against OP&F in health care case
- Posted October 23, 2019
DROP distributions information
- Posted October 17, 2019
Latest actuarial study shows OP&F still meets funding requirements
- Posted October 14, 2019
Member’s Report Fall Newsletter now available
- Posted October 07, 2019
Aon hosting webinars for those unable to attend meetings in person
- Posted October 01, 2019
OP&F Investment Notes, September 2019
- Posted September 26, 2019
Employer Self-Serve Web Reporting video now available
- Posted September 24, 2019
Boy Scouts Annual Flag Raising Ceremony
- Posted September 09, 2019
Budget award presented to OP&F
- Posted September 04, 2019
Board approves premiums, expenses for Tricare insurance for stipend use
- Posted August 29, 2019
Aon schedules statewide health care meetings for September
- Posted August 15, 2019
The Bridge to present at three OP&F pre-retirement seminars
- Posted July 24, 2019
Member’s Report Summer Newsletter now available
- Posted July 08, 2019
Monthly health care reimbursements affected by July 4th holiday
- Posted July 02, 2019
OP&F Investment Notes June 2019
- Posted June 21, 2019
New OP&F website design to be unveiled
- Posted June 17, 2019
Trustee election results announced
- Posted May 30, 2019
OP&F Investment Notes May 2019
- Posted May 23, 2019
Pre-Retirement Seminar dates set for August
- Posted May 22, 2019
Former trustee Martin Erbaugh passes
- Posted May 21, 2019
COBRA premiums now qualify for stipend use; open HRA for pre-Medicare set for 2020
- Posted May 08, 2019
OP&F Investment Notes April 2019
- Posted April 25, 2019
Member’s Report Spring Newsletter now available
- Posted April 16, 2019
Candidates confirmed for trustee elections
- Posted April 05, 2019
Deighton honored with award from Ohio Credit Union League
- Posted April 03, 2019
OP&F Investment Notes March 2019
- Posted March 21, 2019
Still need dental or vision coverage?
- Posted March 12, 2019
Maloney Stifler re-appointed to OP&F Board
- Posted March 07, 2019
Aon to open Columbus office dedicated to OP&F retirees
- Posted March 01, 2019
Changes proposed for 2020 retiree health care based on member feedback
- Posted March 01, 2019
OP&F Investment Notes February 2019
- Posted February 28, 2019
Let your elected officials know about health care
- Posted February 27, 2019
Aon update and apology
- Posted February 20, 2019
Trustee Deighton responds to health care transition criticism
- Posted February 19, 2019
Friendly reminder to OP&F members of the Aon HRA reimbursement process
- Posted February 06, 2019
OP&F responds to retiree health care questions
- Posted January 28, 2019
Board chair responds to petition
- Posted January 25, 2019
OP&F Investment Notes January 2019
- Posted January 24, 2019