Oklahoma Police Pension and Retirement System, Oklahoma City, hired Attalus Capital to run between $50 million and $75 million in a long-short equity fund of funds, confirmed Linda Ruckman, administrative officer.
Officials for the $1.5 billion plan added the investment for diversification. Funding will come from a general rebalancing, said Executive Director Bob Wallace.
An RFP was issued earlier this year. Asset Consulting Group, the plan's consultant, assisted with the search.