Pension Fund

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Ohio Public Employees Retirement System

The Ohio Public Employees Retirement System (OPERS) was founded in 1935. It is the largest state pension fund in Ohio. It provides retirement, disability and...

Ohio Public Employees Retirement System logo

Ohio Public Employees Retirement System

The Ohio Public Employees Retirement System (OPERS) was founded in 1935. It is the largest state pension fund in Ohio. It provides retirement, disability and survivor benefit programs for public employees not covered by other retirement systems. As of December 31 2017 it managed 101.4 billion dollars in assets for over 1 million past and present Ohio workers.

General information

Firm type

Pension Fund

Year founded

1935

Location

Region

North America

Country

United States

City

Newark

Corporate office

277 East Town Street, Columbus, OH 43215, United States

Principals

Paul Greff

Chief Investment Officer

Karen Carraher

Executive Director

Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Private EquityReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Ohio Public Employees Retirement System?

Paul Greff serves as Chief Investment Officer. The board, chaired by Chris Mabe, sets policy and reviews allocations.

Does Ohio Public Employees Retirement System participate in fund commitments or only direct deals?

The system commits to commingled funds and secondaries vehicles while also holding separate accounts and co-investments in real estate and private credit.

What asset classes receive the largest allocations?

Public equities form the core, followed by real estate and private equity at a current 13.04 percent weight against a 15 percent target.

Which sectors does Ohio Public Employees Retirement System explicitly avoid?

No explicit exclusions are stated beyond statutory requirements and ESG-related testimony given to the Ohio Senate Finance Committee in 2023.

How is Ohio Public Employees Retirement System related to other Ohio retirement systems?

It operates independently but shares statutory oversight through the Ohio Retirement Study Council alongside other state plans.

Does Ohio Public Employees Retirement System maintain philanthropic structures?

No separate foundation is disclosed; benefit programs remain inside the pension trust.

What is Ohio Public Employees Retirement System posture on co-investments alongside external GPs?

The system accesses co-investment opportunities through its private-equity and real-estate programs with managers including Blackstone and Carlyle.

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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