OPERF commits $700m to real estate and infrastructure
The $69.7 billion Oregon Public Employees Retirement Fund has committed $700 million to two funds, according to recent meeting documents.
The pension fund committed $300 million to Lone Star Real Estate Fund V. The fund, which launched in December 2015, is seeking to raise $5 billion and will target real estate debt and equity investments in the Americas, Western Europe and Japan.
OPERF also committed $400 million to Brookfield Infrastructure Fund III. According to the meeting documents, the Brookfield fund will focus on core infrastructure investments, primarily in the transportation, renewable power, utilities and energy sectors in the Americas, Asia Pacific and Europe. The infrastructure fund recently received commitments from the