OPERS approves €225m commitment

OPERS has backed a multi-regional focused private equity fund.

Institution: Oregon Public Employees’ Retirement System
Headquarters: Tigard, United States
AUM: $74.49bn
Allocation to alternatives: 41.90%

Oregon Public Employees’ Retirement System committed €225 million ($254.93 million) to Permira VII.

The $74.49 billion US public pension has a 17.5 percent target allocation to private equity that currently stands at 21.6 percent.

As illustrated in the charts below, the pension’s previous commitments to private equity funds include €200 million to Cinven Fund VII, $50 million to Bolt Energy, $150 million to Advent International GPE Fund IX and $250 to Aquiline Financial Services Fund IV.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.