O.H.I.O. Fund Raises $660 Million, Deploys $300 Million Across 44 Ohio Companies

1 articles · Updated · cleveland.com · Aug 19

$660 million raised through June makes the O.H.I.O. Fund one of Ohio’s largest private investment vehicles, with about $300 million already committed and roughly $75 million returned to investors.
The fund is channeling money into 44 companies plus real estate and infrastructure projects, aiming to link Ohio entrepreneurs, investors and industries so each investment has broader economic impact.
Its footprint spans 47 locations in 19 of Ohio’s 88 counties, including more than a dozen sites in Northeast Ohio, with investments ranging from technology and advanced manufacturing to consumer businesses.
Unlike state-led economic boosterism, the fund is presented as a private, entrepreneur-driven effort that supporters say could reshape Ohio’s economy over the long term.

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