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FUNDRAISING NEWS | July 14, 2022

Oklahoma Municipal Terminates SMID Growth Manager

Tags: Pension Funds

The $1 billion Retirement Fund terminated its relationship with SMID Growth Manager, TimesSquare, recently released minutes from the May meeting show.

TimesSquare managed nearly $30 million as of March 31, 2022. 

The Retirement Fund’s consultant, Asset Consulting Group, cites underperformance and personnel changes as a rationale for the termination. Tony Rosenthal, a founding partner and co-portfolio manager of the Small-Mid Growth and Small Cap Growth strategies, recently announced his upcoming retirement. 

OkMRF and ACG will review potential replacement managers. 

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!

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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