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| Pensions & Investments | Oklahoma Teachers chalks up 33% return for fiscal year
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Oklahoma Teachers selects next executive director
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Oklahoma Teachers goes with Aon as investment consultant
Oklahoma Teachers goes with Aon as investment consultant
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Oklahoma Teachers Retirement System, Oklahoma City, selected Aon as its new investment consultant effective July 1, the pension fund s executive director Tom Spencer said in an email.
The board unanimously selected Aon after interviewing Aon and two other finalists Callan and Meketa at a special meeting Tuesday.
Mr. Spencer said in an email that the board was impressed with Aon s presentation and that the firm seemed to have studied the issues facing the pension fund in depth. With these three firms to choose from, he said, we couldn t have made a wrong decision.
Oklahoma Teachers assigns $160 million to Franklin Park
Franklin Park, executive director Tom Spencer said.
The fund at a Feb. 24 board meeting committed $125 million to Franklin Park Co-Investment Fund V, making it the $20.6 billion pension fund s first investment in a private equity co-investment fund, Mr. Spencer said.
The remaining $35 million was committed to funds managed by outside general partners.
The pension fund s board also narrowed its search for an investment consultant to three finalists Aon, Callan and Meketa Investment Group which will be interviewed in April.
The pension fund issued an RFP for an investment consultant in November. The contract for current consultant AndCo Consulting expires June 30.
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