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Ohio fund invests $50M into real estate

Associated Press • Apr 21, 2014 at 8:30 PM

The Blade of Toledo reported the Ohio Bureau of Workers’ Compensation’s investment came in November. No money’s yet been disbursed.

It will go to the $450 million Hammes Partners II fund headed by former health-care consultant Jon D. Hammes, a major contributor to George W. Bush, John McCain and Mitt Romney.

The newspaper reported the investment bears reminders of the scandal-producing bureau investment into rare coins and collectibles overseen by another Bush bundler, Tom Noe. Unlike Noe, though, Hammes reports no state-level political donations.

Bureau spokeswoman Melissa Vince said Hammes’ political giving didn’t influence the investment decision.


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