Oklahoma City Employee Retirement System committed $10 million to Warburg Pincus Private Equity XII, said Rena Hutton, pension manager.
The growth fund targets investments in energy, health care and financial services among other sectors. The $627 million pension fund previously committed $7.5 million to predecessor fund Warburg Pincus Private Equity XI in 2012.
The pension fund has a 5% target allocation to private equity.
