Ohio Public Employees Retirement System, Columbus, rehired Aksia as its hedge fund consultant, spokesman Michael Pramik said in an email.
The $100.2 billion retirement system, which includes $87.8 billion in defined benefit fund assets, issued an RFP in June because Aksia's contract was set to expire in December.
As of Sept. 30, the actual allocation to hedge funds in the pension plan was 7.4%.
A total of three firms submitted proposals, Mr. Pramik said. There were no other finalists.
