Ohio Highway Patrol fund goes with Kayne Anderson again
By Rob Kozlowski | October 26, 2012 3:07 pm
Ohio Highway Patrol Retirement System, Columbus, committed up to $5 million to Kayne Anderson Energy Fund VI, confirmed Mark Atkeson, executive director.
The $700 million pension fund made commitments to at least four previous Kayne Anderson funds. As of Dec. 31, the fund had $8.5 million invested in Kayne Anderson MLP Fund, $3.1 million in Kayne Anderson Energy Fund V, $2.5 million in Kayne Anderson Mezzanine Partners; and $2.2 million in Kayne Anderson Energy Fund IV.
Separately, trustees on Thursday approved an investment committee recommendation to hire William Blair & Co. to run $20 million to $25 million in active international growth equities. An RFP was issued in June. The other finalist was OppenheimerFunds.
Funding comes from the April termination of Artio Global Investors, which ran a similar-style portfolio.
Investment consultant Hartland & Co. assisted.