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Ohio School Employees issues RFP for hedge fund consultant

Ohio School Employees Retirement System, Columbus, is searching for a hedge fund consultant, spokesman Tim Barbour said in an e-mail.

The search is being conducted due to a policy that services go out to bid every five years. Current consultant Aksia is invited to rebid, Mr. Barbour said.

As of May 31, the $13.4 billion pension fund's multiasset allocation portfolio, which includes primarily hedge funds, had a 9.3% allocation and 10% target.

The RFP is available on the pension fund's website. Proposals are due by 4 p.m. EDT on July 24, with a hiring decision expected before year-end.