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Ohio infrastructure gets low grade in White House report: Capitol Letter

Ohio infrastructure gets low grade in White House report: Capitol Letter
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Want to Win an RFP? Be Prepared to Answer Diversity Questions


In 2018, the Los Angeles County Employees Retirement Association began asking prospective asset managers about diversity.  
The questionnaire  given to managers that responded to LACERA’s requests for proposals  asks for details on who implements firm diversity policies, how many confidential settlements or non-disclosure agreements are related to workplace sexual harassment or discrimination, and whether firms conduct a pay disparity analysis.  
LACERA is not the only asset allocator to make diversity and inclusion questions an explicit part of the request for proposal and search process. For instance, in current requests for proposals both the Illinois State Universities Retirement System and the Ohio Public Employees Retirement System included questions on diversity.   ....

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Why did Ohio Secretary of State Frank LaRose limit ballot drop boxes for the 2021 elections? Capitol Letter


Why did Ohio Secretary of State Frank LaRose limit ballot drop boxes for the 2021 elections? Capitol Letter
Updated Feb 24, 2021;
Posted Feb 24, 2021
Ohio Gov. Mike DeWine received his second dose of the coronavirus vaccine on Feb. 23, 2020 from Dr. Kevin Sharrett at Kettering Health Network s Jamestown office. DeWine, along with wife, Fran, both became eligible when the state opened up coronavirus vaccinations for 70-year-olds. (Ohio Governor s Office)
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Box lunch: Andrew Tobias has more insight into why Republican Secretary of State Frank LaRose is sticking to his decision to once again limit ballot drop boxes to one per county in elections this year, including the May primary. LaRose has said that he personally supports expanding drop boxes but doesn’t believe he has the legal authority to do so. But every court that’s ruled on the matter thus far has said otherwise. ....

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Ohio Public Employees goes with NEPC as sole consultant


Ohio Public Employees goes with NEPC as sole consultant
NEPC as its sole investment consultant, said spokesman Michael Pramik.
The $111.8 billion retirement system, which includes $98.4 billion in defined benefit plan assets, issued an RFP in August due to the impending expiration of the contracts of general investment consultant NEPC and alternatives consultant Aon Investments USA.
The board elected to seek a single general investment consultant at the time. Both firms were invited to bid for the services, Mr. Pramik said at the time.
He could not be immediately reached with further information on other bidders and finalists, if any.
As of Dec. 31, the DB plan s actual allocation was 26.4% public fixed income, 22.8% international equities, 22.5% domestic equities, 10.7% private equity, 9% real estate, 4.6% risk parity, 1.6% hedge funds, 1.3% commodities and 1.1% other. ....

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