Oregon State Treasury’s PERF forms a $250m co-investment partnership

The Oregon state pension fund commits to a co-investment vehicle.

Institution: Oregon State Treasury
Headquarters: Salem, United States
AUM: $103.50bn
Allocation to alternatives: 38.20%
Bitesize: $100-200m

Oregon State Treasury’s Public Employee’s Retirement Fund (OPERF) has partnered with Pathway Capital Management to establish a $250 million co-investment fund that invests alongside OPERF’s current portfolio of private equity managers.

As illustrated in the charts below, Oregon State Treasury has allocated 38.20% of its investment portfolio to alternative assets. It is the first private equity relationship agreed to so far in 2019.

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