Oregon Investment Council committed $960 million to five alternative investment funds, said Rex Kim, CIO at the Oregon state treasury at Wednesday's council meeting.
The council, which oversees the $83.4 billion Oregon Public Employees Retirement Fund, Tigard, committed $350 million to KKR North America Fund XIII managed by KKR & Co.
The council also committed $250 million to Genstar Capital Partners X, a middle market buyout fund; $150 million to TA XIV, a middle-market growth equity fund managed by TA Associates; and $110 million to AEW Core Property Trust, managed by AEW Capital Management.
The council also committed $100 million to Blue Torch Credit Opportunities Fund II, a direct lending fund managed by Blue Torch Capital.
