Ohio State Highway Patrol Retirement System, Columbus, issued an RFP...

Ohio State Highway Patrol Retirement System, Columbus, issued an RFP for a manager to run $35 million in either a global TAA or absolute-return global all-cap portfolio. The search by the $600 million system follows the cancellation earlier this year of a search for a hedge fund manager to handle the $35 million; plan officials were concerned over hedge fund transparency and the use of leverage, said Richard Curtis, executive director. The RFP is available at www.ohprs.org, and proposals are due Sept. 23. Finalists should be chosen in October, and a selection is expected by the end of the year, said Mr. Curtis.