OCERS approves $21.5m in commitments

The US public pension has backed two multi-regional focused private equity funds.

Institution: Oklahoma City Employee Retirement System
Headquarters: Oklahoma City, United States
AUM: $740.14m
Allocation to Alternatives: 17.41%
Bitesize: $5-15m

Oklahoma City Employee Retirement System announced commitments of $6.5 million to Apollo Investment Fund IX and $15 million to Warburg Pincus Global Growth.

The $740.14 million US public pension has a 5.0 percent target allocation to private equity that currently stands at 4.28 percent. As illustrated in the charts below, the pension has made two commitments to private equity in 2019, totaling $21.5 million.

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