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The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The plan issued an RFP earlier this year to consolidate to a single provider from its previous three.
The private equity firm recently closed the fund at $840 million.
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.
The college has added two new members to its board of trustees, including one with investment experience.
The plan is seeking a firm to handle a $20 million mandate.
The firm added the new roles of director of digital marketing and v.p. of marketing.
The Kinterra Battery Metals Mining Fund closed above its fundraise target with $565 million in committed capital.
The plan committed a total of $20 million across private equity and real estate at its October board meeting.