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Greenspring Associates receives commitment from OPPRS

The US public pension has backed a global-focused secondaries fund.

Institution: Oklahoma Police Pension and Retirement System
Headquarters: Oklahoma City, US
AUM: $3.08 billion
Allocation to alternatives: 21.8%

Oklahoma Police Pension and Retirement System has agreed to commit $25 million to Greenspring Secondaries Fund V at its June 2021 board of trustees meeting, a contact at the pension informed Secondaries Investor. This represents the second commitment made by the pension to fund manger, Greenspring Associates.

The fund’s predecessor, Greenspring Secondaries Fund IV, held a final close on $800 million in January 2020, exceeding its $600 million target.

As illustrated below, OPPRS’ recent secondaries fund commitments have tended to have a global focus across a variety of sectors. The pension’s executive director is Ginger Sigler.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.