This allocator's name, 1 more adviser, 27 more managers, 201 more commitments and 209 more dated events

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 $249/month unless canceled.

State retirement system in Ohio

State retirement systemstate general· Ohio

State retirement system, based in Ohio, reporting $18B in assets, for 252,447 participants.

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

Assets
$18B
Private allocation
39.0%
Fund commitments
203
Managers
25
As of · the latest dated event for this allocator; each figure carries its own filing or report date

What matters now

  1. Consultant
    changed

    Changed investment consultant to Cbiz.

    16 Jul 2026 · A new consultant reviews the manager line-up and brings its own shortlist.

    Factboard minutes or Form 5500 Schedule CConsultants →
  2. 39%
    private markets target

    Changed its allocation policy 2 months ago.

    A new target moves money between asset classes before any manager is hired.

    Factthe plan's investment policyPolicy →

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
State retirement system in Ohio
Managers
All 30
Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$18B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
39.0%
policy Jun 30, 2025
Commitments
203
198 dated closings
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash EquivalentsCash3.0%1% to 5%4.0%+1.0reported ohsers.org
Global Fixed IncomeFixed income18.0%13% to 23%13.1%-4.9reported ohsers.org
Opportunistic and TacticalHedge / diversifiers0.0%0% to 5%3.2%+3.2reported ohsers.org
Global InfrastructureInfrastructure7.0%5% to 10%7.1%+0.1reported ohsers.org
Global Private CreditPrivate credit5.0%3% to 7%5.9%+0.9reported ohsers.org
Global Private EquityPrivate equity14.0%11% to 17%12.9%-1.1reported ohsers.org
Global EquitiesPublic equity40.0%35% to 45%43.5%+3.5reported ohsers.org
Global Real EstateReal estate13.0%10% to 15%10.3%-2.7reported ohsers.org
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 $249/month unless canceled.

People
3 roles
Chief investment officer
Farouki Majeed
Chief Investment Officer (Jun 30, 2025) no URL
Farouki Majeed Joseph Marotta Chief Risk Officer Chief Audit Officer Chief Financial Officer Chief Investment Officer General Counsel
Manager roster
30 managers on the commitment tape
From the plan’s own commitment disclosures

+27 more managers received commitments

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

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

What changed
214 events
  • Jul 16, 2026Policy updated
    no URL
  • Jul 16, 2026Policy updated
    no URL
  • Jul 16, 2026Consultant changed
    with Cbizno URL
  • Jun 18, 2026Consultant changed
    with Kimberly Wickertno URL
  • Jun 18, 2026Search opened
    no URL

+209 more dated events

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

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
204 rows, 195 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Jun 18, 2026JPM AnalystJPM AnalystPublic equityn/aApprovednew managerno URL
as of Jun 18, 2026T. Rowe PriceT. Rowe PricePublic equityn/aApprovednew managerno URL
as of Jun 18, 2026CC&LCC&LPublic equityn/aApprovedno URL

+201 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Size and funding
57 readings
Total assets
$18B Jun 30, 2024 reported Census ASPP
$17B (2023-06) · $17B (2022-06)
Fiduciary net position
$19B Jun 30, 2024 reported Census ASPP
$18B (2023-06) · $17B (2022-06)
Long-term investments
$18B Jun 30, 2024 reported Census ASPP
$16B (2023-06) · $16B (2022-06)
Total pension liability
$5.1B Jun 30, 2024 reported Census ASPP
$5.5B (2023-06) · $5.4B (2022-06)
Discount rate
7.00% Jun 30, 2024 reported Census ASPP
7.00% (2023-06) · 7.00% (2022-06)
Participants
252,447 Jun 30, 2024 reported Census ASPP
248,119 (2023-06) · 242,332 (2022-06)
Active members
163,350 Jun 30, 2024 reported Census ASPP
159,873 (2023-06) · 155,063 (2022-06)
Beneficiaries
82,490 Jun 30, 2024 reported Census ASPP
81,833 (2023-06) · 81,151 (2022-06)
Benefits paid
$1.4B Jun 30, 2024 reported Census ASPP
$1.3B (2023-06) · $1.3B (2022-06)
Investment expense
$110M Jun 30, 2024 reported Census ASPP
$112M (2023-06) · $107M (2022-06)
Commitment history
3 decisions the board record started
VehicleManagerAmountStateProposedApprovedClosedFirst reportedOther LPs
T. Rowe Pricen/aNot disclosedapproved-----
CC&Ln/aNot disclosedapproved-----
JPM Analystn/aNot disclosedapproved-----
Provenance
Identifiers: none on file
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.

Capital chain

This record sits on 175 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to PE fund to manager to companyAllocator to VC fund to manager to company

DFX traced 175 paths 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 $299/month unless canceled.

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

Checking your plan…

Record history

214 dated events on the change ledger, latest first
  • Commitment made
    2004-10-01source
  • Commitment made
    2012-05-23source
  • Commitment made
    2014-11-25source

+211 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

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

+121 connections on the graph

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Ask DFX