Oregon to commit upwards of $2 bln per year

The Oregon Investment Council, which manages some $62.3 billion for the Oregon Public Employees Retirement Fund, earlier this year upped its target allocation to private equity from 16 percent to 20 percent, giving the program significantly more room to run. Earlier this month Buyouts Editor-in-Charge David Toll sat down with John D. Skjervem, chief investment officer, and Jay Fewel, senior equity investment officer, to get their views on private equity and where they plan to take the program.