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Oklahoma business briefs for July 25

Oklahoma business briefs, July 25, 2014
Oklahoman Published: July 25, 2014
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Oklahoma briefs

Fund investments do well

Investment returns of the Oklahoma Teachers Retirement System were 22.4 percent over the last fiscal year, putting the fund’s balance at $14.8 billion at June 30, the system’s board of trustees said Thursday. The system’s investment consultant, Gregory W. Group, of Tulsa, said the fund finished the 2014 fiscal year with its highest month-end and year-end balance. Lead consultant Gregory Weaver said the fund’s three-year return was 13.6 percent, the five-year return was 16.1 percent and the 10-year return was 9 percent. The Oklahoma Teachers Retirement System serves 54,581 retired educators and 89,333 active education professionals.

Leadership chairman named

The Leadership Oklahoma board of directors recently elected Bruce Benbrook, chairman and president of The Stock Exchange Bank of Woodward, as its 2014-2015 chairman. Leadership Oklahoma is a 28-year-old statewide leadership development program designed to identify, educate and challenge the leaders of Oklahoma.

Six Flags targets child hunger

Feed The Children is joining forces with Six Flags Entertainment Corp. to raise awareness and encourage support among park guests. Feed The Children said the partnership is part of its renewed vision to create a world where no child goes to bed hungry. All domestic Six Flags theme park locations will celebrate “Feed the Children Day” on Aug. 9 and will encourage guests to help support the effort. “We want to give all children a way to celebrate and enjoy what childhood has to offer, which is why our partnership with Feed The Children is so important,” said David McKillips, Six Flags senior vice president of corporate alliances. “We hope all of our guests this season can build those special, lasting memories of Six Flags and also be inspired to join us in tackling the issue of child hunger.”

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