OPERF approves $850m in commitments

The US public pension has backed six private equity focused funds.

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

Oregon State Treasury announced the following commitments were made on behalf of the Oregon Public Employees Retirement Fund: $50 million to Advent Global Technology, $150 million to CVC Capital Partners Asia V, $250 million to Veritas Capital Fund VII, $100 million to Advent Latin American Private Equity Fund VII, $200 million to QL Capital Partners and $100 million to Appian Natural Resources Fund II.

The $74.49 billion US public pension has a 17.50 percent target allocation to private equity that currently stands at 21.60 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, $250 to Aquiline Financial Services Fund IV and €225 million to Permira VII.

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