Oregon State Treasury

Real Estate

Oregon’s core real estate revamp pays off

A large allocation to core real estate and separately-managed accounts, which have improved alignment and allowed significant fee savings, plus a strategic pivot to multi-family and industrial exposure, has all paid off at Oregon.

Sarah RundellApril 11, 2023

Investor Profile

Oregon PE revamp shakes off GFC legacy

Oregon Investment Council has committed to investing $3 billion a year in private equity, with the smooth pacing strategy part a response to the fund’s overweight position to poor performing vintages as a result of its allocations before and after the GFC. The investor is also focusing on manager relationships with a focus on accessing new relationships and upsizing the best existing ones; and a new strategy that sees no provider in charge of more than 5 per cent of the portfolio.

Sarah RundellMarch 2, 2020

Asset Classes

Oregon’s evolving strategy

Oregon State Treasury has undergone material change to its structure and process evolving its investment strategy and techniques including smart beta, private equity and internal management.

Sarah RundellApril 1, 2016

Chicago 2015

Be contrarian

Investors should be contrarian in their private equity allocations because there is a negative relationship between capital flows and returns.

Amanda WhiteJanuary 13, 2016

Investor Profile

Oregon State Treasury unwinds and adjusts

Oregon State Treasury, which runs $80 billion worth of state investments including the $62-billion Oregon Public Employees Retirement Fund, is preparing the portfolio for a new dawn. John Skjervem, chief investment officer of the treasury’s investment division, sees the speed and extent of the recent sell-off in fixed income as “a shot across the bow” […]

Sarah RundellAugust 14, 2013