---
title: Oklahoma TRS Targeting $375M to Private Equity in 2024
description: Oklahoma TRS Targeting $375M to Private Equity in 2024
---

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# [Oklahoma TRS Targeting $375M to Private Equity in 2024](https://dakotafunds.com/dakota-funds/fundraising-news/oklahoma-trs-targeting-375m-to-private-equity-in-2024)

 Written by [Jane Bailey, Marketing Associate](https://dakotafunds.com/dakota-funds/author/jane-bailey-marketing-associate) | February 20, 2024

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%. 

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

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