DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

State retirement system

Teachers' Retirement System of Ok

State retirement systemteachersOK
Assets
$23B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
23.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Cash Equiv.Cash0.0%1.9%+1.9reported oklahoma.gov
Public Fixed IncomeFixed income22.0%17% to 27%27.1%+5.1reported oklahoma.gov
Private DebtPrivate credit5.0%3.3%-1.7reported oklahoma.gov
Private EquityPrivate equity8.0%6.3%-1.7reported oklahoma.gov
Domestic EquityPublic equity38.3%33% to 43%38.3%+0.0reported oklahoma.gov
International EquityPublic equity16.7%12% to 22%16.4%-0.3reported oklahoma.gov
Real EstateReal estate10.0%6.7%-3.3reported oklahoma.gov
Consultants and advisers
4 firms
People
3 roles
Chief investment officer
Kirk Stebbins
Chief Investment Officer (Jun 30, 2025) oklahoma.gov
Kirk Stebbins Terri Phillips
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
57 readings
Total assets
$23B Jun 30, 2024 derived Census ASPP
$20B (2023-06) · $19B (2022-06)
Fiduciary net position
$22B Jun 30, 2024 reported Census ASPP
$20B (2023-06) · $19B (2022-06)
Long-term investments
$22B Jun 30, 2024 reported Census ASPP
$20B (2023-06) · $19B (2022-06)
Total pension liability
$6.6B Jun 30, 2024 reported Census ASPP
$7.7B (2023-06) · $8.2B (2022-06)
Discount rate
7.00% Jun 30, 2024 reported Census ASPP
7.00% (2023-06) · 7.00% (2022-06)
Participants
205,396 Jun 30, 2024 reported Census ASPP
200,384 (2023-06) · 195,166 (2022-06)
Active members
103,277 Jun 30, 2024 reported Census ASPP
100,959 (2023-06) · 99,844 (2022-06)
Beneficiaries
69,941 Jun 30, 2024 reported Census ASPP
69,432 (2023-06) · 68,330 (2022-06)
Benefits paid
$1.6B Jun 30, 2024 reported Census ASPP
$1.6B (2023-06) · $1.6B (2022-06)
Investment expense
$50.0M Jun 30, 2024 reported Census ASPP
$45.4M (2023-06) · $60.7M (2022-06)
What changed
4 events
  • Jun 30, 2024Assets changed
    Teachers' Retirement System of Ok fiduciary net position $20.4B -> $22.5B (+10.2%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2024Assets changed
    Teachers' Retirement System of Ok total assets $20.4B -> $22.6B (+10.4%, 2023-06-30 to 2024-06-30)
  • Jun 30, 2023Assets changed
    Teachers' Retirement System of Ok fiduciary net position $19.2B -> $20.4B (+6.2%, 2022-06-30 to 2023-06-30)
  • Jun 30, 2023Assets changed
    Teachers' Retirement System of Ok total assets $18.8B -> $20.4B (+9.0%, 2022-06-30 to 2023-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 227335
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.