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Ohio pension plan hires Shafer, reviews HFs


Richard Shafer has joined the Ohio Public Employees' Retirement System as deputy director of investments for external management as the $60 billion pension fund searches for a new chief investment officer following the resignation of Jennifer Horn.

Shafer, who has 30 years of investment experience in the insurance and pension fund industry, will report to the new chief investment officer and will oversee a staff of nine, working closely with senior investment staff and the pension fund's external investment consultants. Prior to moving to Ohio, he was director of investments at the New