Institutional Investors

Oregon State continues to consider moves into hedge funds


The Oregon State Investment Council is finally moving into hedge funds with a formal allocation to alternative investments, after more than three years of considering investment in the area, according John Hershey, alternative investments officer within the Oregon State Treasurer’s office.

The $58 billion Oregon Public Employees Retirement Fund has yet to hire consultants or to make appreciable investments, but recently approved a new real asset/real return investment programme, which total 3% of total assets, and a 5% allocation to alternatives investments, which is defined as investments falling outside of private equity and