Tulsa (Okla.) Municipal Employees' Retirement Plan is searching for an investment consultant.
The $469 million pension fund has issued an RFP because the contract of current consultant Callan is expiring, said Ashleigh McCarn, senior buyer for the city. The firm is eligible to rebid.
The target allocation is: 36% domestic equities; 24% each, fixed income and international equities; 8% real estate; 4% timber; 3% commodities; and 1% cash equivalents.
The RFP is available on the city of Tulsa's website. Proposals are due at 5 p.m. CST on Dec. 18. A timeline for a decision was not provided.