Ohio BWC extends contract with RVK

The US public pension grants its investment consultant a one-year extension.

Institution: Ohio Bureau of Workers’ Compensation
Headquarters: Columbus, United States
AUM: $23.37bn
Allocation to alternatives: 15.20%

Ohio Bureau of Workers’ Compensation has agreed to retain RVK as its investment consultant, a source informed PERE. The contract extension covers the period July 1, 2020 through June 30, 2021. This is the second and final one-year renewal option for RVK to serve as Ohio BWC investment consultant as per the terms of the initial contract. The pension intends to issue a new RFP for investment consulting services in October 2020.

As illustrated below, the pubic pension allocates 15.20 percent of its full investment portfolio to real estate.

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