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December 16, 2016 12:00 AM

Oklahoma Teachers puts another $130 million with Franklin Park

Meaghan Offerman
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    Oklahoma Teachers’ Retirement System, Oklahoma City, committed $130 million to Franklin Park Associates for private equity investments in 2017, said Tom Spencer, executive director of the $14.3 billion pension fund, in an e-mail.

    Separately, the pension fund took real estate manager Landmark Partners off “alert” status. OM Asset Management announced in June that it was acquiring a majority interest in Landmark. The pension fund put Landmark on alert because of the ownership change.

    Being put on alert is a step below being placed “on notice,” which is the last step before termination.

    The pension fund had previously committed $35 million to a Landmark fund.

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