The $76.2 billion Oregon Public Employees Retirement Fund has committed $150 million to a global real estate digital infrastructure fund, according to board meeting documents.
The fund, Digital Colony Partners, invests in digital infrastructure, which includes data centers and cell towers. It held a $1.4 billion first close earlier this year. The fund is managed through a joint venture between Digital Bridge Holdings and Colony NorthStar.
As of Sept. 30, Oregon PERF’s target to alternative investments, where infrastructure is included, is 12.5 percent with an actual allocation of 8.8 percent. The retirement fund’s target to real estate is 12.5 percent as well, with an actual allocation of 10.5 percent.
