Oregon Public Employees Invests $350M in RE, Real Assets Funds

The Oregon Public Employees Retirement Fund made investments totalling $350M in two LBA real estate funds and a Stonepeak real assets strategy.

According to recently published minutes from its October 23 board meeting, the pension committed $100M each to LBA Logistics Value Fund X and LBA Oregon Core Industrial. The Oregon pension also made a $150M allocation to Stonepeak Global Renewables Fund II, representing the pension’s third Stonepeak investment after allocating $250M to its core fund in 2022 and $350M to its fifth-generation infrastructure fund in the first quarter of this year.

As of September 30, consultant Meketa reported that the Portland retirement system’s real estate and real assets portfolios are overweight, with current allocation for real estate at 13.7% against its initial policy target of 12.5%, while real assets stands at 10.3% against a 7.5% target.

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace!

Written By: Dakota

Related Content

Vermont PIC to Commit $35M to US Core Farmland, Reviews 2025 Alts Pacings
January 29, 2025

Rhode Island Targets $505M Pacing for 2025, Approves $82M Credit, RE Allocations
January 23, 2025

Oregon Public Employees Invests $350M in RE, Real Assets Funds
December 03, 2024

New Mexico SIC Commits $927.5M to Alts
November 25, 2024

Sacramento County Commits $190M to Alts, Considers $950M for 2025 Investments
November 19, 2024

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Oregon Public Employees Invests $350M in RE, Real Assets Funds

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company