Oregon Public Employees Retirement Fund, Salem, allocated a total of...

Oregon Public Employees Retirement Fund, Salem, allocated a total of $375 million to three management buyout and venture capital funds, said Jay Fewel, senior investment officer. The $35 billion defined benefit plan committed $300 million and $50 million, respectively, to the Texas Pacific Group III and T3 Partners funds, management buyout funds run by Texas Pacific Group. Separately, the fund committed $25 million to Olympic Venture Partners, which focuses on investment in venture capital in the Northwest. Pacific Corporate Group assisted. In October, the fund committed $100 million to Thomas Weisel Capital Partners LP. Funding for the commitments will come from the fund’s allocation to alternative investments.