Oklahoma State Regents for Higher Education, Oklahoma City, allocated $78 million to four managers on behalf of its endowment trust fund, spokeswoman Angela Caddell said in an e-mail.
The regents hired Vulcan Value Partners; Tweedy, Browne Co.; and Vanguard Group to run $27 million, $30 million and $14 million, respectively. The specific investment strategies could not be learned by press time.
The regents also committed $7 million to Related Real Estate Fund II, a real estate fund managed by Related Fund Management.
Funding will come from reallocations and cash, Ms. Caddell wrote. She did not provide additional information by press time.
The endowment trust fund has about $661 million in assets.