Ohio School Employees Retirement System, Columbus, hired PineBridge Investments and TWIN Capital Management to run active domestic multifactor equity portfolios totaling $250 million, recently released board meeting highlights showed.
PineBridge will run $100 million and TWIN, $150 million. Funding will come from rebalancing the domestic equity portfolio, according to the meeting highlights. The $13.8 billion pension fund issued an RFP in January.
The pension fund's domestic equity target is 22.5%; the actual allocation as of Aug. 31 was 22.9%.
Pension fund spokesman Tim Barbour could not be immediately reached to provide further information.
