Tulsa County (Okla.) Employees' Retirement System hired Chickasaw Capital Management and Pinnacle Investment Advisors to run $6 million each in master limited partnerships, confirmed Douglas Anderson, president of gregory.w.group, the pension fund's investment consultant.
It is the $222 million plan's first MLP investments. The retirement system was “seeking diversified sources of income with inflation protection,” Mr. Anderson said in an e-mail. The investments will be funded from rebalancing.
