Pension Fund

Updated:

Ohio Highway Patrol Retirement System

The Ohio Highway Patrol Retirement System was founded in 1941 to administer retirement benefits exclusively for the Ohio State Highway Patrol.

Ohio Highway Patrol Retirement System logo

Ohio Highway Patrol Retirement System

The Ohio Highway Patrol Retirement System was founded in 1941 to administer retirement benefits exclusively for the Ohio State Highway Patrol. Carl Roark serves as Executive Director while Michael Press holds the combined role of General Counsel and Chief Investment Officer. The Retirement Board sets policy and Major Matthew Them currently chairs it. Allocations include 19.51 percent to private equity with additional commitments to real estate, infrastructure, and hedge funds. Confirmed holdings include Long Wharf Real Estate Partners Fund V, Long Wharf Real Estate Partners Fund VI, Oaktree Real Estate Opportunities Fund VIII, Blue Point Capital Partners Fund IV, Bain Capital Distressed and Special Situations 2019, and Partners Group Direct Infrastructure III. Geographic exposure centers on the United States with select European credit positions such as Marathon European Credit Opportunity Fund III. The system employs eight professionals at its Columbus headquarters. It maintains relationships with Clearstead Advisors as investment advisor, Foster & Foster as actuarial consultant, and BNY Mellon as global custodian. In April 2024 the fund hosted an Investment Committee Meeting focused on private market pacing targets and portfolio review. As a single-employer public pension plan, the system is subject to oversight by the Ohio Retirement Study Council and follows a fiduciary mandate that prioritizes return maximization over non-financial objectives.

Website
ohprs.org

General information

Firm type

Pension Fund

Year founded

1941

Location

Region

North America

Country

United States

City

Columbus

Corporate office

1900 Polaris Parkway, Suite 201, Columbus, OH, United States

Principals

Carl Roark

Executive Director

Michael Press

General Counsel and Chief Investment Officer

Major Matthew Them

Chair of the Retirement Board

Sector focus

Private EquityReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Ohio Highway Patrol Retirement System?

Michael Press serves as Chief Investment Officer and General Counsel. The eleven-member Retirement Board sets overall policy.

Does Ohio Highway Patrol Retirement System participate in fund commitments or only direct deals?

The system invests primarily through commingled funds and limited partnership interests in private equity, real estate, and infrastructure vehicles.

What investment stages does Ohio Highway Patrol Retirement System typically target?

The fund targets buyout, distressed, growth, and co-investment strategies with a 10-to-20-year investment horizon.

Where does the underlying wealth come from?

Assets derive from employer and employee contributions to the single-employer pension plan sponsored by the Ohio State Highway Patrol.

How is Ohio Highway Patrol Retirement System related to the Ohio State Highway Patrol?

The Ohio State Highway Patrol is the sole sponsoring employer whose sworn officers and communications personnel receive benefits from the system.

Does Ohio Highway Patrol Retirement System maintain philanthropic structures?

The system supports the OSP Benefit Fund for death and injury benefits and maintains ties to State Troopers of Ohio, Inc., a 501(c)(4) lobbying organization.

What is Ohio Highway Patrol Retirement System's known posture on co-investments alongside external GPs?

The system maintains co-investment exposure through vehicles such as Blue Point Capital Partners Fund IV and HIG Middle Mkt LBO Fund IV.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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