Retirement System Private Equity Commitments
At a glance
Based on auto-generated captions; names and numbers may be misheard.
- What: $12.5 million commitments each to Clayton Dubilier & Rice Fund 13 and Thompson Street Fund 7 (names as captioned), part of raising the private equity target from 10 to 15 percent.
- Where it stands: both approved on 2026-10-08 (item A on a show of hands, item B electronically); tallies not captioned. One trustee voiced discomfort with the investments.
- Next: legal review; closings expected in the first quarter of 2027 (Clayton Dubilier & Rice) and second quarter of 2027 (Thompson Street).
Background
- Pacing plan: about $35 million of commitments a year to reach 15 percent in about five years.
- Program has beaten a public-market equivalent by about 140 basis points since inception.
- Earlier item 5 ratified adjustments to the Francisco Partners commitments.
- Recommended by Pulis.
Sources
Discussion time
About 32 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-08 - Oklahoma City Employee Retirement System | 32 |
Log
- 2026-10-08 - Oklahoma City Employee Retirement System - Pulis recommended both commitments; trustees asked about market timing and downturn performance; both approved.