# Ohio Turnpike and Infrastructure Commission

Ohio Turnpike and Infrastructure Commission is an Operating Fund based in Berea, United States.

## Overview

- **Organization type:** Operating Fund
- **Headquarters:** Berea, United States
- **Region:** North America
- **Address:** Berea, OH, United States
- **Founded:** 1949
- **Assets under management:** Undisclosed
- **Website:** www.ohioturnpike.org
- **LinkedIn:** https://www.linkedin.com/company/ohio-turnpike-commission

## Regulatory record

- **Reports private funds:** No

## About

The Ohio Turnpike and Infrastructure Commission operates a toll road system providing transportation services. It offers a toll collection system, service plazas, and traveler amenities. The company serves the transportation infrastructure sector and is based in Berea, Ohio, founded in 1955.

## Sectors

- Infrastructure
- Mobility & Transportation
- Real Estate

## People

- Ferzan M. Ahmed — Executive Director
- Jerry N. Hruby — Chairman of the Commission

## Questions

### Who runs investment decisions at the Ohio Turnpike and Infrastructure Commission?

Investment decisions are managed by the commission's Executive Director, Ferzan M. Ahmed, under the oversight of a board appointed by the Ohio governor. The commission invests toll revenue surplus in a portfolio of fixed-income and cash equivalents, though specific allocation details are not publicly disclosed (public record).

### Is the Ohio Turnpike and Infrastructure Commission structured as a private fund or a public agency?

The commission is a public agency created by the Ohio General Assembly in 1949. It operates as an infrastructure owner-operator, not a private investment vehicle, and is subject to state transparency and reporting requirements.

### What assets does the Ohio Turnpike and Infrastructure Commission manage?

The primary asset is the 241-mile Ohio Turnpike (I-80, I-90, I-76). It also owns four service plazas: Tiffin River, Blue Heron, Great Lakes, and Towpath, plus a fleet of snow and ice removal vehicles and a connected vehicle fleet for operations.

### How does the commission generate revenue and what is it used for?

Revenue comes from toll collection and ancillary services. It is used for road maintenance, snow removal, capital improvements, and debt service. Surplus is invested in a conservative portfolio of fixed-income instruments.

### Does the Ohio Turnpike and Infrastructure Commission partner with other entities?

The commission partners with the Ohio Department of Transportation on projects and with the Ohio State Highway Patrol for policing and aviation services along the turnpike.

### What investment stages does the commission typically target?

The commission does not target specific investment stages. Its investment activity is limited to managing toll revenue surplus, which is deployed into fixed-income and cash equivalents rather than equities or venture capital.

### Does the commission have any professional affiliations?

The commission is a member of the International Bridge, Tunnel and Turnpike Association and has received recognition from the Women's Transportation Seminar and the Government Finance Officers Association.

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Last updated: 2026-06-03T20:00:00.000Z

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