OP&F News

OP&F investment notes, May 2021

Notes from the Investment Committee meeting on May 26, 2021

Portfolio value:

The OP&F portfolio was valued at $18.00 billion as of May 25.

Private markets commitment approved

OP&F’s Board approved a commitment of up to $20 million to Primus Capital Fund IX at its May meeting. The fund will focus on low and mid-market companies in North America, primarily in the health care, software and technology sectors.

OP&F’s 2021 Private Markets Investment Plan called for between $80 million and $120 million in new commitments for the year. Following this commitment, $60 million has been committed so far.

Primus and OP&F have a long relationship, dating back to 1984. OP&F’s private markets portfolio is valued at $1.76 billion, or 9.8 percent of the total portfolio. OP&F’s long-term target to private markets is 8.0 percent.

OP&F approves real estate commitment

The commitment to Ventas is the second real estate commitment in 2021 for OP&F, totaling $104 million. The target range for real estate in 2021 is between $160-220 million. The real estate portfolio is valued at $1.65 billion, or 9.2 percent of the total portfolio.

Posted 5/27/2021

Other News

Member’s Report Summer Newsletter now available
- Posted July 29, 2021
2020 financial reports now available
- Posted July 01, 2021
OP&F investment notes, June 2021
- Posted July 01, 2021
OP&F Names Foley Executive Director
- Posted June 30, 2021
Public can attend June OP&F Board meetings
- Posted June 18, 2021
No changes in health care process after sale of Aon Retiree Health Solutions
- Posted June 04, 2021
New videos help members connect to virtual appointments
- Posted June 03, 2021
OP&F Investment notes, May 2021
- Posted May 27, 2021
Public can attend May 26 OP&F Board meeting
- Posted May 20, 2021
Member’s Report Spring Newsletter now available
- Posted April 29, 2021
OP&F investment notes, April 2021
- Posted April 29, 2021
OP&F investment notes, March 2021
- Posted April 01, 2021
OP&F investment notes, February 2021
- Posted February 25, 2021
Beware of scam phone calls
- Posted February 15, 2021
OP&F investment notes, January 2021
- Posted January 28, 2021
Member’s Report Winter Newsletter now available
- Posted January 14, 2021
OP&F Trustee Moore recognized
- Posted January 06, 2021
2021 Direct deposit dates for benefit payments
- Posted December 23, 2020
Czack, Drum and Deal win terms on OP&F Board
- Posted December 21, 2020
Trustee election results announced by Dec. 21
- Posted December 04, 2020
Aon presenting special HRA webinars
- Posted December 04, 2020
OP&F investment notes, December 2020
- Posted December 03, 2020
Thank you, first responders
- Posted November 25, 2020
Trustee election ballots due back by Dec. 1
- Posted November 13, 2020
Proof of health care insurance letter
- Posted November 09, 2020
Be careful with your personal information
- Posted November 05, 2020
Pension funding status improves
- Posted October 28, 2020
Trustee election ballots go out Oct. 26
- Posted October 26, 2020
OP&F investment notes, October 2020
- Posted October 22, 2020
A reminder about DROP distribution deadlines for 2020
- Posted October 13, 2020
Pre-Retirement Webinar recording now available online
- Posted October 12, 2020
Study of health care fund shows improvement
- Posted October 08, 2020
Pre-Retirement webinars scheduled this week
- Posted October 05, 2020
OP&F Investment Notes, September 2020
- Posted October 02, 2020
OP&F again offering stipend increase for low-income households
- Posted October 01, 2020
Member's Report Fall Newsletter now available
- Posted September 30, 2020
Health care webinars Sept. 15-24
- Posted September 04, 2020
OP&F Investment Notes, August 2020
- Posted August 28, 2020
Rescheduled trustee election schedule approved
- Posted August 27, 2020
OP&F retirees taking advantage of extended reimbursement deadlines
- Posted August 03, 2020
Pre-Retirement meetings to be webinars this year
- Posted August 03, 2020