Pensions
Oregon Investment Council Adopts New Asset Allocation Policy
The fund will reduce its holdings in private equity while focusing on public market investments.
Tag: Oregon Investment Council
Pensions
Oregon PERF Posts 3.2% Q2 Return
The $95 billion Public Employee Retirement Fund outperformed its benchmark by 2 basis points.
Pensions
Oregon Passes Bill to Manage Climate Change Risks
The legislation, which awaits the governor’s signature, calls for boosting investments in clean energy.
Pensions
Oregon Plans for Net Zero Portfolio by 2050
Significant climate investments aim to reduce the portfolio’s carbon emissions by 60% by 2035.
Alternatives
Slowdown in PE Exits, M&A Activity Leads to Smaller, Slower Distributions to Public Pension Funds
Some funds with significant allocations to private equity are facing a negative cash flow from PE distributions.
Pensions
NYC, Oregon Pension Funds Named Lead Plaintiffs in Fox Lawsuit
The plaintiffs’ claim that Fox News’ business model included knowingly engaging in defamation ‘appears promising,’ a Delaware Chancery Court says.
Pensions
Oregon Investment Council Releases Q3 Returns Ahead of Board Meeting
The fund returned 5.7% in the 12-month period ending September 30, trailing its benchmark’s 10.1%.
Newsmakers
Alline Akintore Joins Oregon Investment Council
The Oregon Venture Fund partner was appointed by Governor Tina Kotek and confirmed by the state senate in June.
Newsmakers
Bill Calls for Oregon to Divest From Fossil Fuels
State treasurer Tobias Read says the proposed legislation would lead to lower returns and higher employer contribution rates.
Pensions
Oregon Treasurer Pledges to Decarbonize State Pension Fund By 2050
Tobias Read says he’ll have a comprehensive plan to meet Paris Agreement goals by early 2024.
News
Oregon Integrates ESG Formally into Investment Policy
But the amended guidance specified that sustainable investing should not interfere with the system’s fiduciary duty to its beneficiaries.
Pensions
Oregon Selects New CIO to Replace Skjervem
Rex Kim has been announced as the Oregon State Treasury’s new investment leader.
Alternatives
Oregon’s CIO Prepares ‘Snarky Remark’ to Defend Millions in Fees to Fund Managers
Skjervem says the state would be billions of dollars worse off if not for these funds.
Asset Allocation
Oregon to Invest Up to $3.5 Billion in Private Equity in 2019
Plans to relaunch revised co-investment program and beef up PE team.
Newsmakers
Oregon PERS Changes Investment Strategy
Individual account programs will be shifted into target-date funds in 2018.