Ohio State Teachers Retirement System, Columbus, will allocate 2% to its new opportunistic/diversified strategy at the beginning of the fiscal year on July 1, according to the systems Fiscal 2010 Investment Plan.
The investment plan, posted on the website of the $49.7 billion system, was approved late last week by the systems board.
According to the investment plan, the allocation will grow to 5% over the next three fiscal years.
New investments that could fall within the opportunistic/diversified allocation, according to the report, include commodities, infrastructure, hedge funds, distressed debt, energy/natural resources, commercial mortgage-backed securities and Public-Private Investment Program opportunities.
Spokeswoman Laura Ecklar did not return phone calls by press time.