The plan’s current managers handle aggregate mandates of $25.6 million.
The commitments include two custom mandates.
The plan has begun a search for its next executive director.
The plan committed a total of $45 million to two private equity strategies.
The plan received proposals from six consulting firms.
The plan will also renew the contract of a manager currently on watch.
The plan is looking to make its second investment in the asset class.
The selected firm will assume an $86 million mandate currently handled by an underperforming manager.
A retired state employee is suing Oklahoma’s treasurer, arguing that his enforcement of a new law is harming his pension.
Former Oklahoma Public Employee Association President Don Keenan filed the lawsuit in Oklahoma County District Court on Monday. It seeks to stop a law prohibiting the state from doing business with companies believed to be hostile to the oil and gas industry. Keenan’s lawsuit asks the court to find Oklahoma’s Energy Discrimination Elimination Act unconstitutional.