Friday, 1 July 2016
Last updated 6 hours ago
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 (firstname.lastname@example.org).
The RFP is available on the TRS’ Web site (www.ok.gov/TRS/). Proposals are due on Oct. 6.