Rex Kim, Chief Investment Officer of the Oregon Investment Council, which oversees Tigard, the $93.6bn Oregon Public Employees Retirement System, has announced a commitment of a combined $1.5bn to private markets strategies.
At a meeting on 17 April, the council confirmed a $500m commitment to Pathway Private Equity Fund III-Co, a private equity fund of funds managed by Pathway Capital Management, as well as $350m to global infrastructure fund Stonepeak Infrastructure Fund V.
In addition, the council announced commitments of $250m each to buyout funds Veritas Capital Fund IX and Thoma Bravo Fund XVI, as well as $150m to software-focused middle-market buyout fund Luminate Capital Partners IV.
Separatel, the council announced plans to commit no more that $200m this year from its $2.6bn opportunity portfolio, which includes its private credit investments.
