Ohio pension backs off private equity. Trump wants more invested

By: Marty Schladen

Outlets: Ohio Capital Journal

Published: February 3, 2026

Words: 595

Last Updated: 3 weeks, 2 days ago

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At least one Ohio pension fund is reducing investments in private equity, a form of moneymaking known for precipitating bankruptcies and layoffs.

But as the Public Employees Retirement System expressed concerns over high fees and declining performance, President Donald Trump said he wants make it easier for fund managers to invest individual retirement savings in them. His move comes as a watchdog group reports that private equity firms charge sky-high fees for investments …

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