The Oklahoma Police Pension and Retirement System (OPPRS) committed $20 million to Humphreys Fund V on March 26, 2025, according to a spokesperson.
Humphreys Fund V, a vehicle of Humphreys Capital, is a closed-end fund that will invest in industrial and residential projects in the United States. A fundraising goal has not been determined. OPPRS’ commitment follows a prior investment made in January 2025, for $15 million.
OPPRS is a public pension fund with $3.3 billion in total assets under management, as of Dec. 31, 2024. As of then, OPPRS had $495 million in total real estate assets with a 15 percent real estate allocation target.