Oklahoma Tobacco Settlement Endowment Trust has launched an RFP seeking a new investment manager to oversee its global private equity funds, signaling a potential shift in its investment strategy. The trust, which manages significant assets derived from tobacco settlement funds, is actively soliciting proposals from experienced placement agents and investment consultants specializing in private equity. This move comes as the trust evaluates its current investment approach amidst evolving market conditions and regulatory scrutiny.

The RFP process, detailed in the latest Private Equity Investor Intentions and Preferences report, underscores the trust's focus on securing top-tier expertise to navigate complex global fund structures.