Oregon Investment Council, Tigard, committed a total of $650 million to alternative investment funds for the $93 billion Oregon Public Employees Retirement Fund, said Rex Kim, chief investment officer for the Oregon Treasury.
The Investment Council officials committed $160 million to an energy fund Quantum Capital Solutions II and $40 million to a side car vehicle, both managed by Quantum Energy Partners, Mr. Kim said at the council's July 19 meeting.
The council also committed $150 million each to Arctos Sports Partners Fund II, a fund that purchases non-control stakes in professional sports franchises managed by Arctos Partners; Hudson Northern Shipping Fund V managed by Hudson Structured Capital Management; and KPS Special Situations Fund VI, a special situations fund managed by KPS Capital Partners.
Council officials also committed $7.4 million to Quantum Capital Solutions II for the $2.2 billion Common School Fund, Mr. Kim said.
Separately, the council hired GQG Partners to manage up to $500 million in a fundamental, actively managed global equity.