Ohio Public Employees Retirement System, Columbus, issued an RFI for a hedge fund consultant to assist in the selection of hedge fund managers, spokeswoman Julie Graham-Price confirmed in an e-mail.
The search is a result of the $65.7 million system’s asset allocation move, putting 3% in hedge funds and 2% in opportunistic funds, from 3% combined opportunistic hedge funds.
The board estimates up to 23 managers eventually could be hired to run up to a total of $2 billion.
The RFI is available at https://www.opers.org/about/vendor/index.shtml. Completed responses should be sent to [email protected] Deadline for responses is 4 p.m. EDT Sept. 10. Finalists will be chosen in October with a selection scheduled for November.