Oregon Investment Council, which manages the $100.1bn Oregon Public Employees Retirement Fund, Tigard, has made a total of $795m in commitments to alternative investment funds, according to a report by Pensions & Investments Online.
The new commitments by the pension fund are: $350m to KKR North America Fund XIV, a megacap buyout fund managed by KKR; $165m to Sixth Street Specialty Lending Europe III, a direct lending fund managed by Sixth Street Partners; $150m to Advent Latin America Private Equity Fund VIII, managed by Advent International; and $75m to GTCR Strategic Growth Fund II, a middle-market buyout fund.
The investment council has also committed $25m to LS Power V Clearlight Energy Co-investment, a co-investment alongside LS Power Equity Partners V, managed by LS Power Group, as well as $15m each to KKR North America Fund XIV and GTCR Strategic Growth Fund II on behalf of Oregon’s $2.3bn Common School Fund.
