OP&F News

OP&F Investment notes, March 2025

Portfolio value: The OP&F portfolio was valued at $19.15 billion as of March 25.

OP&F hires Wellington to manage Non-US Equity Small Cap mandate

The OP&F Board approved hiring Wellington Management Company to manage a Non-US Equity Small Cap account currently valued at approximately $160 million. The mandate was previously managed by Barings, who was terminated by OP&F for performance issues in September 2024.

OP&F’ staff and its investment consultant, Wilshire, conducted the search following a targeted RFP release last fall. Wellington was selected due to the stability and depth of its team, intuitive philosophy and clear risk controls.

iCON added as OP&F real assets manager

The Board of Trustees approved a commitment of up to $80 million to iCON Infrastructure Partners VII as part of OP&F’s real assets portfolio. iCON is a non-core, closed-end fund focusing on middle market opportunities in Europe and North America. The OP&F Real Assets portfolio is valued at $1.2 billion, or 6.25 percent of the total portfolio. The target allocation for Real Assets is 8.0 percent.

Wilshire presents 4th quarter performance report

OP&F’s general investment consultant, Wilshire, presented results through calendar year 2024 showing OP&F had a gross return of 11.13% for the year. This return was ahead of the policy benchmark return of 10.0 percent.

Posted 3/27/2025

 

Other News

OP&F Investment notes, March 2025
- Posted March 27, 2025
Social Security announces retroactive payments and higher benefits for those affected by WEP/GPO repeal
- Posted February 27, 2025
OP&F keeping an eye on when Social Security refunds will be available from WEP repeal
- Posted February 06, 2025
OP&F tops among Ohio pension funds for 2024 investment returns
- Posted February 03, 2025
OP&F Investment notes, January 2025
- Posted February 03, 2025
Board dates updated for 2025
- Posted January 29, 2025
1099-R forms mailed to members, posted to OP&F Member Self-Serve
- Posted January 29, 2025
Member’s Report Winter Newsletter now available
- Posted January 08, 2025
U.S. Senate passes Social Security bill to repeal WEP and GPO
- Posted December 23, 2024
2025 Direct deposit dates for benefit payments
- Posted December 13, 2024
HB 296 passes Ohio House; on to the Senate
- Posted December 05, 2024
HB 296, SB 194 are essential; Ohio’s cities and municipalities need to pay their debts
- Posted November 21, 2024
WEP-GPO repeal bill passes US House
- Posted November 19, 2024
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