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Ohio Bureau of Workers’ Compensation sets $50 million for real estate

Ohio Bureau of Workers’ Compensation, Columbus, committed up to $50 million to Latitude Management Real Estate Capital IV, a value-added real estate fund managed by Latitude Management Real Estate Investors, for the $23.1 billion State Insurance Fund, said Tony Gottschlich, spokesman, in an e-mail.

The bureau previously committed $50 million to Latitude Management Real Estate Capital III in 2013.

Investment consultant RVK assisted.

Separately, the investment committee at its Thursday meeting approved an agenda timeline for fiscal year 2017, which includes an asset allocation study in April 2017. Further information on the future study was not available by press time.