Oregon Public Employees Retirement Fund (OPERF) is this year planning to invest up to $2.5bn (€2.2bn) to increase its alternatives portfolio, which includes infrastructure, timberland and agriculture, according to its pacing plan.
The $75bn pension fund approved a total of $1.52bn of commitments for its alternatives portfolio during 2018.
OPERF will consider domestic and global funds, separate accounts and co-investments with a commitment range of $150m to $250m.
The pension fund has $1.8bn invested in infrastructure and $3.2bn in timberland and agriculture.
