Oklahoma Retirement System Issues RPF For Private Equity Managers

Sep 14 2006 | 12:00am ET

The $8.2 billion Teachers’ Retirement System of Oklahoma is planning its first foray into alternatives with an allocation to private equity.  

The retirement system, which  issued an RFP this week, expects an initial commitment to private equity of 5%, or $410 million, though the precise allocation is still to be determined.

Interest managers should be registered with the Securities and Exchange Commission or be exempt from registration and have at least four tax-exempt clients with more than $1 billion in assets.

TRS has hired Tulsa, Okla.-based gregory.w.group as a consultant, and all inquiries should be directed to Gregory Weaver via e-mail (gweaver@gregorywgroup.com).

The RFP is available on the TRS’ Web site (www.ok.gov/TRS/). Proposals are due on Oct. 6.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of