Oregon State Treasury (OPERF)

Overview

Oregon State Treasury invests the Oregon Public Employees Retirement Fund under the oversight of the Oregon Investment Council and was one of the very first U.S. public pensions to invest in private equity, beginning in 1981. It has committed tens of billions of dollars to the asset class since, including a decades-long relationship with KKR.

Key facts

• One of the first U.S. public pensions in private equity (1981)
• Has committed more than $45B to the asset class since inception
• Oregon Investment Council oversees OPERF's allocations
• Long-standing relationships with KKR and other major GPs