Oklahoma Law Enforcement Retirement System, Oklahoma City, hired William Blair to run about $28 million in emerging markets equity, said Ginger Sigler, executive director, in an e-mail.
William Blair replaces emerging markets equity manager Vontobel Asset Management, which managed $25.9 million for the pension fund as of Feb. 29.
An RFP was issued in March for one or more managers to potentially replace Vontobel because of personnel changes at the firm.
The other finalists were Harding Loevner and Wells Fargo Asset Management.
The $877 million pension fund has a 5% emerging markets equity target.