Oregon Public Employees Retirement Fund (PERF) has approved a $200m (€178.9m) commitment to Quantum Capital Solutions II as part of investments made through the pension fund’s alternatives portfolio.
The pension fund disclosed in a meeting document that it placed $160m into the Quantum Capital fund and invested $40m into the fund’s sidecar co-investment vehicle.
The fund targets sustainable energy assets via asset-based financing, preferred equity and secured and non-secured debt by providing public and private companies with growth capital.
Oregon PERF also said it made a $150m commitment to Hudson Northern Shipping Fund V, a fund that provides capital to shipping and off-shore oil service industries.
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