Benefits December 28, 2010

OHPRS Releases Emerging Markets Equity RFP

December 28, 2010 (PLANSPONSOR.com) – The Ohio Highway Patrol Retirement System (HPRS) has issued an RFP for a $20-million emerging markets equity investment in a commingled account. 
Reported by

The system said the tentative schedule for the selection process for an investment management firm is as follows:

  • Responses due, January 14, 2011.
  • Selection of finalists, January 27, 2011
  • Presentations by finalists, TBD
  • Selection of manager, TBD

The source of funding is yet to be determined; however, it is expected to originate from the existing core international portfolio. Details are available at https://www.ohprs.org/ohprs/Investments.jsp.

HPRS is a $703-million defined benefit plan for uniformed members of the Ohio State Highway Patrol. 

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