Oregon Investment Council, Tigard, which runs the $74.1 billion Oregon Public Employees Retirement Fund, disclosed manager hires and commitments totaling $1.58 billion.
The council disclosed the commitments at its meeting Wednesday, spokeswoman Rachel Wray said in an email.
Within private equity, the council disclosed commitments of €325 million ($361 million) to buyout fund CVC Capital Partners VIII, $250 million to Thoma Bravo XIV, €150 million ($167 million) to Vitruvian Investment Partnership IV, a buyout fund managed by Vitruvian Partners, and $100 million to Sherpa Healthcare Fund I, a venture capital fund managed by Sherpa Capital.
As of April 30, the actual allocation to private equity was 24.1%.
Within real estate, the council hired Abacus Capital Partners to run a $250 million core multifamily real estate separate account and committed $150 million each to Columbia Industrial Properties, a real estate fund managed by Lincoln Property Co. and Sculptor Real Estate Fund IV, managed by Sculptor Capital Management.
As of April 30, the actual allocation to real estate was 11.6%.
Also within the alternatives portfolio, the council committed $150 million to NGP Royalty Partners, an oil and gas fund managed by NGP Energy Capital.
As of April 30, the actual allocation to alternative investments was 10.6%.
