The retirement system is also watching a hedge fund manager due to underperformance.
The plan last conducted a similar search in 2020.
The plan has awarded approximately $1.2 billion across three managers.
The plan’s sole active large-cap growth equity manager has underperformed its benchmark.
Brad Tillberg joined the $12.9 billion Oklahoma Public Employees Retirement System as its new cio in 2009 from Russell Investments. He took the time to answer five questions with FIN News.
The plan’s private markets portfolio accounts for more than half of its total assets.
The plan last conducted a general investment consultant RFP process in 2016.
The plan closed on three private markets commitments last month.
The city is searching for investment advisory and portfolio management services for its $38 million portfolio.
The plan awarded a contract to its incumbent consultant last week.