The $86 billion Oregon Investment Council, which oversees the assets of the Oregon Public Employees’ Retirement System, is adding roughly $1.4 billion to its alternative investment portfolios.
This includes within private equity, where the portfolio is currently overweight. The Investment Council approved lowering the fund’s exposure to private equity in 2015 to 17.5% of overall assets, but it has remained above 20% for the last 11 years.
The board voted to bump up the private equity allocation by 2.5% to equal 20% of total assets, essentially where it sits today. The . . .
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