Oklahoma Firefighters’ Pension System, Oklahoma City, is searching for two managers, one to run $70 million in active domestic large-cap growth equities and the other to handle $90 million in an equal-weighted S&P 500 commingled index fund, said Robert Jones, executive director.
The $1.3 billion fund will allow incumbent Provident Investment Counsel to rebid for the $70 million portfolio. To fund the new index fund, it will reduce State Street Global Advisors’ cap-weighted S&P 500 index portfolio, leaving it with $90 million, he said.
Selections will be made by Sept. 21.
