Return to search

OPPRS approves $40m commitment

The US public pension has backed a private real estate vehicle.

Institution: Oklahoma Police Pension and Retirement System
Headquarters: Oklahoma City, United States
AUM: $2.71 billion
Allocation to alternatives: 22.87%

Oklahoma Police Pension and Retirement System has approved a $40 million commitment to Starwood Distressed Opportunity Fund XII, a contact at the pension informed PERE.

The $2.71 billion US public pension has a 15 percent target allocation to real estate that currently stands at 11.96 percent.

As illustrated below, the pension’s recent private real estate commitments have been to vehicles with a focus on global investments across diverse sectors.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.