Oklahoma Police Pension & Retirement System, Oklahoma City, committed $20 million to Humphreys Fund V, according to Ginger Sigler, executive director of the $3.3 billion pension fund.
The commitment to the 2025 vintage real estate opportunistic fund managed by Humphreys Capital was approved at a board meeting on March 26 and represents OPPRS’ first investment with the asset manager, Sigler said.
OPPRS has 10% allocated to core real estate and 5% to opportunistic real estate. The new commitment will reduce the core real estate allocation to 5%, Sigler said.