Investors - MAY 3, 2013

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

OPERF makes $400 million commitment to Lone Star

by Andrea Waitrovich

The Oregon Investment Council approved a commitment of up to $400 million to Lone Star Funds’ Lone Star Fund VIII (LS Fund VIII), on behalf of the Oregon Public Employees’ Retirement Fund (OPERF), at its May 1 meeting.

The distressed debt fund launched this year with a $5 billion fundraising goal. In March 2013, it raised $333.4 million in equity commitments.

LS Fund VIIIinvests in distressed investments in loans and securities, including single-family residential, corporate and consumer debt products, as well as financially oriented and asset‐rich operating companies. The fund’s geographic we

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy