Oregon Public Employees Retirement Fund (OPERF) is set to scale up its infrastructure exposure, nearly doubling its infrastructure assets under management to $2.4 billion. Currently, 25 percent of the pension fund’s total alternatives portfolio is invested in infrastructure, totalling around $1.3 billion.
The pension fund will target to commit to between eight to ten infrastructure funds that are focused on mid- and large-sized assets in energy, transportation, ports, water and telecommunications sectors.
The investor is also aiming to double its long-term allocation target for alternatives to 12.5 percent from the current 6.5 percent.
The investments of OPERF are managed by the Oregon Investment Committee under the Oregon State Treasury.