An announcement said funding for this allocation is expected to come from a rebalance of the domestic equity portfolio. No manager terminations are expected.
The tentative schedule for the selection process is as follows:
- Responses due, June 17;
- Selection of finalists, June 23;
- Presentations by finalists, July 28; and
- Selection of manager, August 25.
HPRS is a $765 million defined benefit plan for the benefit of the uniformed members of the Ohio State Highway Patrol.
The RFP is at http://www.ohprs.org/ohprs/Investments.jsp.