OPPRS approves $50m in commitments

The US public pension has extended its relationship with two fund managers.

Institution: Oklahoma Police Pension and Retirement System
Headquarters: Oklahoma City, US
AUM: $3.08 billion
Allocation to alternatives: 21.8%

Oklahoma Police Pension and Retirement System has committed $50 million across two private equity vehicles at its June 2021 board of trustees meeting, a contact at the pension informed Private Equity International.

The commitments comprise $25 million each to Greenspring Secondaries Fund V and Thompson Street Capital Partners VI. The pension has a long-standing partnership with Thompson Street Capital Partners and this is its second commitment made to a fund managed by Greenspring Associates.

As illustrated below, OPPRS currently allocates 9.38 percent of its investment portfolio to private equity. The pension’s recent commitments have been to funds employing a variety of strategies with a global focus.

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