Ontario Public Service Employees Union Pension Trust located in Ontario, Canada. At present it manages the pension assets of 82,000 members and retirees. Currently OPSEU has $12 billion in assets under management with 3% or $360 million of that dedicated to long-only funds. In the later part of 2010 it expects to begin looking at hedge funds however at this time is only able to invest with funds charging asset based fees however; it expects to being looking at funds charging performance based fees which would open it up to the hedge fund space.