Oregon Public Employees Retirement Fund (PERF) expects to add $1.75bn (€1.6bn) worth of investments this year to its alternatives portfolio.
According to Oregon PERF’s meeting document, the amount approved for 2022’s real assets pacing plan could be increased if existing managers offer opportunities to expand relationships.
Oregon PERF’s real assets portfolio – which excludes real estate – comprises infrastructure and natural resources investments.
The commitments planned for 2022 are expected to be placed into a combination of funds and co-investments.
The pension fund is expected to review areas such as energy transition, core infrastructure and digital infrastructure for possible consideration.
Last year, the pension fund expected to invest between $1.5bn to $2bn in real assets but ended up issuing five commitments worth $650m in total.
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