Ohio School Employees’ Retirement System, Columbus, hired INTECH to manage $160 million in domestic large-cap growth equities, Dimensional Fund Advisors to run $42 million in international small-cap value equities and GlobeFlex Capital to manage $37 million in international microcap growth equities, according to spokeswoman Julie Graham-Price. At a board meeting late last week, trustees of the $11 billion fund also approved a €25 million ($33.78 million) commitment to the TransEuropean Property IV Fund, managed by Rockspring Property Investment Managers. Each firm was hired to reach asset allocation targets and no managers were terminated, Ms. Graham-Price said. Information on funding was not available.
OPERS also converted the small-cap growth equity strategy run by Jacobs Levy Asset management to a 130/30 small-cap growth strategy, Ms. Graham-Price confirmed.
