Oregon’s Office of the State Treasurer is a sophisticated organisation with a wide range of financial responsibilities, including managing the investment of state funds, issuing all state bonds, serving as the central bank for state agencies, and administering the Oregon 529 College Savings Network. The State Treasury seeks to provide the highest value to taxpayers by protecting public funds and earning strong investment returns - and by being an efficient, transparent and accountable organisation. It has a total of $102 billion in assets.
Oregon State Treasury has de-risked its $12 billion real estate allocation, moving away from closed end, private equity-style investment and its associated inherent cyclical risk and total return focus. Building in more liquidity and transparency, reduced volatility and lowered fees via evergreen manager partnerships in separate account and open-end fund structures.
Sarah RundellApril 2, 2019