Oklahoma Public Employees Retirement System, Oklahoma City, hired Aronson + Johnson + Ortiz to run up to $140 million in active domestic large-cap value equities, pending contract negotiations, said Brad Holt, deputy director. The $4.6 billion system will determine the exact portfolio size in October, when the contract may be finalized, said Kirk Stebbins, CIO. Lord Abbett and LSV Asset were also finalists in the search. Details on the funding source were not available.
Strategic Investment Solutions assisted.