The $22.9 billion Oklahoma Teachers Retirement System (TRS) has approved a new strategic asset allocation that includes a 5% private debt allocation, a fund official confirmed.
At the January board meeting, the system also adopted a real estate pacing plan and has issued requests for proposals (RFPs) for firms to bid for core real estate and non-core real estate mandates.
Steps to implement the private debt allocation are now being formulated at the plan, which will seek partnerships with external investment firms to implement the investment in the class. “TRS will . . .
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