Oklahoma Law Enforcement Retirement System, Oklahoma City, within the next few weeks will begin a search for an active small-cap value domestic equity manager to run between $20 million and $30 million, said Larry McCullock, assistant director. No timetable has been established.
The $520 million fund wants to get some small-cap assets into active management, Mr. McCullock said. The plans passive domestic small-cap value equity manager, State Street Global Advisers, has performed well, he said.
RFPs are available by writing the system or the State of Oklahomas purchasing department.
Asset Consulting Group is assisting.