The private investment fund focused on growing Ohio-based employers hasalready returned more than $75 million to investors from $196 million worth ofdeployments in less than two years.
O.H.I.O. Fund has raised $356 million since launching in June 2024, according to a press release. Its investments so far are in 30 Ohio companies and real estate deals spanning 12 of the 88 counties.
“Our thesis was we could build a very important private sovereign wealth fund forthe state of Ohio that has exceptional returns,” co-founder and CEO MarkKvamme told Columbus Business First. “We’re partnering with some of the bestentrepreneurs across the state, and they’re building amazing companies.”
This article first appeared in Columbus Business First on February 2, 2026.