Oregon Public Employees Retirement Fund (PERF) has approved a $50m (€47.2m) follow-on commitment to the EQT Co-Investment Platform, which focuses on global infrastructure investments.

The Oregon Investment Council, as detailed in a board meeting document, disclosed that the commitment was funded through the infrastructure allocation of the pension fund’s real assets portfolio.

The pension fund made an initial $150m commitment to the EQT Co-Investment Platform strategy in 2021.

EQT has a track record of investing in infrastructure assets across Europe and North America, with a focus on energy, environmental, transportation, logistics, social and telecommunications sectors.

To read the latest IPE Real Assets magazine click here.