Op&f Traditional DB Pension Plan

State retirement system· Ohio

State retirement system, based in Ohio, reporting $17B in assets, for 61,428 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$17B
Fund commitments
1
Managers
1
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 24 Jun 2026, $50M approved across 1 fund on 24 Jun 2026: TPG Twin Brook Direct Lending Fund VI $50M.

1 more adviser

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People to know

View all people
  • Chief Investment Officer
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
Op&f Traditional DB Pension Plan
Funds committed to
Managers
  • TPG$50.0M across 1 commitment

Relationship network

9 connected entities1 observed commitment$50M disclosed commitments (1 commitment)commitments 2026

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Service provider
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$17B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
no policy read
no policy read
Commitments
1
1 dated closings

Consultants and advisers

4 firms

+1 more consultant or adviser advise this allocator

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Theodore G. Hall · Chief Investment Officer
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Mary Beth Foley · Executive Director
    Why this person: Executive director: runs the plan or the office

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

2 roles
Chief investment officer
Theodore G. Hall
Chief Investment Officer (Jun 30, 2025) orsc.org
Theodore G. Hall Chief Investment Officer

Manager roster

1 manager on the commitment tape
From the plan’s own commitment disclosures
  • TPG$50.0M, 1 row, latest Jun 24, 2026

What changed

2 events
  • Jun 24, 2026Commitment approved
    Ohio Police & Fire Pension Fund (OP&F), Board of Trustees approves $50M to TPG Twin Brook Direct Lending Fund VI
    with TPGop-f.org
  • Jun 30, 2023Assets changed
    Op&f Traditional DB Pension Plan total assets $18.9B -> $16.0B (-15.4%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

1 row, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Jun 24, 2026TPG Twin Brook Direct Lending Fund VITPGPrivate credit$50.0MApprovedop-f.org

Size and funding

44 readings
Total assets
$17B Jun 30, 2024 reported Census ASPP
$16B (2023-06) · $19B (2022-06)
Fiduciary net position
$17B Jun 30, 2024 reported Census ASPP
Long-term investments
$15B Jun 30, 2024 reported Census ASPP
$15B (2023-06) · $17B (2022-06)
Total pension liability
$9.7B Jun 30, 2024 reported Census ASPP
Discount rate
7.50% Jun 30, 2024 reported Census ASPP
Participants
61,428 Jun 30, 2024 derived Census ASPP
60,653 (2023-06) · 63,451 (2022-06)
Active members
30,185 Jun 30, 2024 derived Census ASPP
29,687 (2023-06) · 29,363 (2022-06)
Beneficiaries
30,963 Jun 30, 2024 reported Census ASPP
30,966 (2023-06) · 30,372 (2022-06)
Benefits paid
$1.6B Jun 30, 2024 reported Census ASPP
$1.5B (2023-06) · $1.2B (2022-06)
Investment expense
$55.0M Jun 30, 2024 reported Census ASPP
$55.5M (2023-06) · $55.1M (2022-06)

Commitment history

1 decision the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
TPG Twin Brook Direct Lending Fund VI, L.P.TPG$50.0Mapproved-Jun 24, 2026---

Provenance

Identifiers: Census PID6 227964
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 24, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, private markets allocation target, allocation policy.

Capital chain

Op&f Traditional DB Pension Plan sits on 1 traced path of capital across the graphs.

Consultant to allocator to manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

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Record history

2 dated events on the change ledger, latest event first
  • Commitment approved
    2026-06-24source on record
  • Total assets changed
    2023-06-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+5 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.