Oklahoma Police Pension & Retirement System, Oklahoma City, Jan. 27 issued an RFP for a private equity manager to run between $5 million and $7 million to help the $1.1 billion fund meet a 5% target, said Robert J. Wallace, executive director. Proposals will be due Feb. 11. Mr. Wallace said he expects to have a short list for the board at its Feb. 17 meeting. Funding will come from reducing domestic fixed-income investments. A final decision is expected by March.