Oklahoma Teachers puts another $130 million with Franklin Park

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.

Related Articles
Oklahoma Teachers puts 2 managers 'on alert'
Oklahoma Teachers fund misses benchmark for fiscal year
Oklahoma Teachers lowers assumed rate of return
Oklahoma Teachers seeks deputy executive director
Oklahoma Teachers boosts international equity, real estate allocations
Oklahoma Teachers puts Epoch Investment Partners 'on alert'
Oklahoma Teachers seeks passive equity managers
Oklahoma Teachers terminates Cove Street Capital for small-cap value equities
Oklahoma Teachers earmarks $60 million for Starwood real estate fund
Recommended for You
People enter a Bank of New York Mellon Corp. office building in New York
BNY Mellon unit settles SEC charges of misstating ESG considerations
DiversityGeneric_i.jpg
DC plans not using DEI data for investment decisions – T. Rowe Price
POLL: Investing in derivatives in the wake of Allianz Global Investors fallout
POLL: Investing in derivatives in the wake of Allianz Global Investors fallout

Reader Poll

May 23, 2022
SEE MORE POLLS >