Oregon Investment Council, which manages the $100.1 billion Oregon Public Employees Retirement Fund, Tigard, committed a total of $795 million to alternative investment funds.
The pension fund committed $350 million to KKR North America Fund XIV, a megacap buyout fund managed by KKR & Co.; $165 million to Sixth Street Specialty Lending Europe III, a direct lending fund managed by Sixth Street Partners; $150 million to Advent Latin America Private Equity Fund VIII, managed by Advent International; and $75 million to GTCR Strategic Growth Fund II, a middle-market buyout fund. The council also committed $25 million to LS Power V Clearlight Energy Co-investment, a co-investment alongside LS Power Equity Partners V, managed by LS Power Group.
On behalf of Oregon’s $2.3 billion Common School Fund, the council committed $15 million each to KKR North America Fund XIV and GTCR Strategic Growth Fund II.
