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Oklahoma Pension Makes Another HF Investment

Jan 17, 2013
Jing Chen

Oklahoma Police Pensions & Retirement System has allocated $7.5 million to a New York-based hedge fund.

Pensions & Investments reported that the investment in the global long/short equity fund managed by Hoplite Capital Management is the pension fund’s fifth direct hedge fund investment. It also  plans to invest a total of $100 million in 12 to 15 managers by the end of the third quarter.

The funding for the new allocation comes from its redemption from fund of hedge funds firm Attalus Capital as part of its move into direct investments.

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