Oregon Investment Council, which manages the $95.2 billion Oregon Public Employees Retirement Fund, Tigard, committed a combined $240 million to two private equity funds, CIO Rex Kim said.
Oregon committed $200 million to Aquiline Financial Services Fund V, a middle-market private equity fund investing in financial services businesses, including banking, credit, insurance and money management firms managed by Aquiline Capital Partners.
Mr. Kim also reported at the council's April 20 meeting a $40 million commitment to a Union Square Ventures' venture capital fund, Union Square Ventures 2021 fund.
