Ohio School Employees Retirement System, Columbus, hired Loomis Sayles & Co. to manage $100 million in active domestic core fixed income, said recently released board meeting highlights.
The $12.6 billion pension fund issued an RFP in July to bring its fixed-income allocation closer to its target. The actual allocation at the time was 15.9% compared to the pension fund’s 19% target. Funding will come from cash. Finalist information was not made available.
Separately, the pension fund committed $60 million to HPS Specialty Loan Fund IV, a direct lending fund managed by HPS Investment Partners. Information on previous commitments was not made available.
Tim Barbour, pension fund spokesman, did not return phone calls seeking further information by press time.