OPPRS Plans RFP For Commod Manager

The Oklahoma Police Pension & Retirement System may launch a request for proposal in the first quarter of 2012 for a commodities manager.

The Oklahoma Police Pension & Retirement System (OPPRS) may launch a request for proposal (RFP) in the first quarter of 2012 for a commodities manager, Pensions & Investments reports. The new candidate will be awarded a mandate of about $60 million.

The $1.8 billion system will not terminate any managers. Separately, the system has allocated $10 million to the Siguler Guff Distressed Real Estate Opportunities fund.

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