Oklahoma TRS Targeting $375M to Private Equity in 2024

Written by: Jane Bailey, Marketing Associate

The Teachers’ Retirement System of Oklahoma reviewed their 2024 Private Equity Plan at the January 24th board meeting. 

In a presentation from Franklin Park, planned commitments for the year include $35 million to each of five buyout/growth strategies. 

$30 million will be allocated to each of two buyout/growth strategies. 

In addition, $140 million is being reserved for three Franklin Park funds. $60 million is being allocated for Franklin Park Co-Investment VI, $40 million to FP Venture XV, and $40 million to FP VC Opportunity II. 

As of June 30, 2023, the $20.2 billion Retirement Fund allocates 7.3% to private equity funds with a target allocation of 8%. 

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