Officials of the Ohio School Employees' Retirement System, Columbus, are thinking about investing $50 million in a real estate opportunity fund in 1997.
``We may make more additions on the non-core side, most likely through funds,'' said Doug Sisson, investment officer-real estate.
No decision is expected before March. The $5.4 billion fund's only non-core investment is in an open-end commingled opportunity fund, the J.P. Morgan Real Estate fund, which has gotten so large it's almost like a core-type vehicle, he said. The fund has 8.5% in real estate.