Periods of market and technological upheaval tend to catalyze financial innovation. Given the confluence of geopolitical tensions, the acceleration of next generation technologies, the implications of AI and reshoring for energy demand, the severe imbalances in the housing sector, and, most recently, the radical scaling back of federal government programs and policies heretofore seen as sacred and invincible, an era of financial experimentation should now be upon us.
The result of this tumult is that cities and states are starting to work harder for themselves. We are particularly impressed and intrigued by an effort underway in Ohio. There, a group of leaders and investors has created and capitalized The O.H.I.O. Fund, focused on Ohio’s High-Growth Investment Opportunities.
This article first appeared in The New Localism Newsletter on July 2, 2025.