Oklahoma Public Employees Retirement System, Oklahoma City, is searching for an active international growth equity manager to run up to $250 million, said Tom Spencer, executive director.
The $7.2 billion pension fund currently has about $1.75 billion in international equity. Funding will come from a $488.9 million ACWI ex-U.S. growth index fund managed by BlackRock (BLK), which also manages about $791 million in an ACWI ex-U.S. index fund for the pension fund, Mr. Spencer said in an e-mail.
Investment consultant Strategic Investment Solutions is assisting.
The RFP is available on the pension fund's website. Proposals are due at 4:30 p.m. CST Feb. 22, and a hiring decision is expected April 18.