OPERF approves $250m commitment

The US public pension has backed a North America focused fund.

Institution: Oregon Public Employees’ Retirement System
Headquarters: Tigard, United States
AUM: $74.49bn
Allocation to alternatives: 41.90%
Bitesize: $200-500m

Oregon Public Employees’ Retirement System announced a commitment of $250 million to Prologis Targeted U.S. Logistics Fund, a core open-ended fund.

As illustrated in the charts below, the $74.49 billion US public pension has a 12.5 percent target allocation to private real estate that currently stands at 11.1 percent. This is the first time OPERF made a commitment to a private real estate fund in 2019.

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