Oregon Investment Council, Tigard, which manages the $70 billion Oregon Public Employees Retirement Fund, Salem, made up to $950 million in commitments to alternatives funds, said Michael Cox, council spokesman.
The council made commitments to the following private equity funds: up to $200 million in Blackstone Group’s Blackstone Energy Partners II; $150 million to Veritas Capital Fund Management’s Veritas Capital Fund V; $100 million to Aquiline Capital Partners’ Aquiline Financial Services Fund III; up to $100 million to Orchid Asia Group Management’s Orchid Asia VI; up to $100 million to Hellman & Friedman Capital Partners VIII; and $50 million to Sofinnova Ventures’ Sofinnova Venture Partners Fund IX.
Separately, the council committed $200 million to real assets fund NGP Natural Resources Fund XI, managed by NGP Energy Capital Management, and $50 million to Galton Mortgage Recovery Fund III, a mortgage credit fund managed by Galton Capital Group.
Further information was not available by press time.
