Institution: Oregon State Treasury
Headquarters: Salem, United States
Allocation to alternatives: 38.20%
Oregon State Treasury has agreed to commit $500 million to Blackstone Capital Partners VIII, according to a source at the firm. The fund, as with previous funds in the series, has a diversified strategy and will invest in multiple regions throughout the world.
The $103.50 billion US public pension has a 17.50% target allocation to private equity that currently stands at 20%.
As illustrated in the charts below, Oregon State Treasury has allocated 38.20% to alternative assets. It is the first commitment to a private equity fund that the pension has announced in 2019.
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