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Oregon State approves $400m in commitments

The US public pension has backed two North America-focused funds.

Oregon State Treasury has approved a commitment of $250 million to Francisco Partners V and $150 million to GTCR Fund XII.

The $97 billion US public pension has a 17.5 percent target allocation to private equity that currently stands at 19.3 percent.

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