Oklahoma Police Pension & Retirement System, Oklahoma City, committed...

Oklahoma Police Pension & Retirement System, Oklahoma City, committed $15 million to a buyout fund managed by Hicks, Muse, Tate & Furst. Funding came from cash. Robert Wallace, executive director, said the investment was part of the $1.2 billion plan’s shift into investments with low volatility and low correlations to other portfolio holdings. An asset allocation study last year by Asset Consulting Group set the system’s alternatives target at 25% of total assets, he said.