The Oklahoma Teachers Retirement System (OTRS) provides retirement, disability, and death benefits to public school teachers and education employees across Oklahoma. With approximately $20 billion in total assets, OTRS serves over 180,000 active and retired members.
Investment Strategy
OTRS maintains a diversified portfolio across public equities, fixed income, private equity, real estate, and other alternatives. The Board of Trustees sets strategic allocation targets based on actuarial studies and capital market expectations.
The alternatives program includes private equity investments in buyout and growth strategies, as well as real estate across core and value-add profiles. OTRS has been building its alternatives portfolio to enhance risk-adjusted returns and reduce dependence on public market performance.
How to Approach
Fund managers should contact the OTRS investment team in Oklahoma City. The fund evaluates managers through a structured process including consultant screening and Board approval. GPs should present a fund overview, track record, and competitive fee structure. OTRS values alignment of interests and transparent reporting.
Frequently Asked Questions
What is OTRS's alternatives allocation?
OTRS allocates approximately 15% of its $20 billion portfolio to alternative investments including private equity and real estate. The fund has been expanding its alternatives exposure to enhance long-term returns.
What strategies does OTRS invest in?
OTRS invests across buyout and growth equity strategies in private equity, and core to value-add strategies in real estate. Typical commitment sizes range from $25 million to $75 million per fund.
How can GPs approach OTRS?
GPs should contact the OTRS investment team in Oklahoma City. The system works with investment consultants and evaluates managers based on track record, team quality, and fee structure. OTRS attends industry conferences and is open to direct outreach.
