Searches and Hires

Ohio School Employees signs PineBridge and TWIN for multifactor portfolios

Ohio School Employees Retirement System, Columbus, hired PineBridge Investments and TWIN Capital Management to run active domestic multifactor equity portfolios totaling $250 million, recently released board meeting highlights showed.

PineBridge will run $100 million and TWIN, $150 million. Funding will come from rebalancing the domestic equity portfolio, according to the meeting highlights. The $13.8 billion pension fund issued an RFP in January.

The pension fund's domestic equity target is 22.5%; the actual allocation as of Aug. 31 was 22.9%.

Pension fund spokesman Tim Barbour could not be immediately reached to provide further information.