OPPRS approves $25m commitment

The US public pension has backed a North America focused private equity vehicle.

Institution: Oklahoma Police Pension and Retirement System
Headquarters: Oklahoma City, United States
AUM: $2.51bn
Allocation to alternatives: 24.56%
Bitesize: $10-50m

Oklahoma Police Pension and Retirement System has confirmed a $25 million commitment to Apollo Accord III B, as mentioned during the institution’s April 2020 Retirement Board meeting.

The $2.51 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 9.13 percent.

As illustrated below, OPPRS’ recent private equity commitments comprise of three buyouts funds and two venture funds with a primary focus on North America.

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