Alston & Bird advised TOF Manager LLC, dba The O.H.I.O Fund, on the formation of The Ohio Institutional Impact Fund II, which recently announced its first closing. The fund represents the continuation of The O.H.I.O. Fund’s strategy of investing growth capital across leading sectors in Ohio, including advanced manufacturing, technology, infrastructure, and real estate.
This fund will generally invest alongside the flagship evergreen vehicle The Ohio High Growth Investment Opportunities Fund, enabling The O.H.I.O. Fund to deploy approximately $700 million in committed capital across vehicles for its Ohio-centric strategy.
The Alston & Bird team advising The O.H.I.O. Fund was co-led by partners Heather Wyckoff and Sam Roh (Investment Funds). The team also included counsel Yasmin Naghash and senior associate Maria Liberopoulos (Investment Funds); and partners Cliff Stanford (Bank Regulatory), Chaim Stern (Federal & International Tax), and Meredith Gage (Employee Benefits & Executive Compensation).