Ohio Police & Fire Pension Fund, Columbus, hired Bridgewater Associates to manage $200 million in Treasury inflation-protected securities, said Amy Hoiland, spokeswoman. Funding came from an internally managed fixed-income portfolio the $8.2 billion system had eliminated earlier this year, Ms. Hoiland said.
Separately, the system will invest $10 million in the Riverside Capital Appreciation Fund over the next five years, Ms. Hoiland said. Funding will come from cash.