Oregon Public Employees Retirement Fund (PERF) is investing $500m (€413m) in infrastructure through Brookfield Asset Management and Harrison Street.
The pension fund is committing $250m to Brookfield Super-Core Infrastructure Partners, $200m to Harrison Street Social Infrastructure Fund and $50m for co-investment opportunities with the latter.
Last month, IPE Real Assets reported that Oregon PERF had invested $400m in EQT’s latest global infrastructure fund.
Ben Mahon, senior investment officer for alternatives at Oregon State Treasury, told IPE Real Assets that the investments would “anchor” the pension fund’s core infrastructure exposure.
He said they were “follow-on commitments of existing relationships” with Harrison Street and Brookfield that started in 2014 and 2013, respectively.
Brookfield and Harrison Street launched both open-ended infrastructure funds last year.