Oklahoma Firefighters Pension and Retirement System, Oklahoma City, selected River Road, PanAgora Asset Management, Turner Investment Partners, Westwood Management and OFI Institutional Asset Management as finalists in its search for a manager to run roughly $57 million in active domestic small-cap value equities, confirmed Herb Bradshaw, deputy director.
The $1.6 billion plan terminated New York Life Investment Management last year because of personnel changes at the firm, and the money was parked in a commingled small-cap value index fund run by State Street Global Advisors.
An RFP was issued in October, with Asset Consulting Group assisting. The fund board will likely choose a firm on March 16.