Category Archives: Oregon Investment Council

Tribe, activists ask Oregon Treasury to divest $350 million in proposed Texas gas terminal

Members of the Carrizo/Comecrudo Tribe of Texas and activists from a financial watchdog group arrived in Portland this week to ask the Oregon State Treasury to divest from a controversial gas terminal proposed along the Gulf of Mexico. For more than eight years, tribal members and environmental and social justice activists from Brownsville, Texas, have […]
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Oregon Investment Council Sees Turnover

The five-member Oregon Investment Council, which oversees more than $130 billion in state pension and other investments, is experiencing unusual turnover.Charles Wilhoite, whom Gov. Kate Brown appointed to the council last March, resigned Dec. 31, saying new ownership of the consulting firm where he works left him with insufficient time for the OIC and the […]
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Oregon discloses $1.6 billion in hires, commitments

Oregon Investment Council, Tigard, which runs the $74.1 billion Oregon Public Employees Retirement Fund, disclosed manager hires and commitments totaling $1.58 billion.The council disclosed the commitments at its meeting Wednesday, spokeswoman Rachel Wray said in an email. Source: Oregon discloses $1.6 billion in hires, commitments

Oregon to use joint ventures to add industrial real estate

Many pension plans are underweight industrial but some plans are taking creative approaches. The Oregon Investment Council plans to overweight its real estate portfolio with industrial properties — by investing in joint ventures. Many public pension plans are underweight industrial compared with the NCREIF Fund Index – Open End Diversified Core Equity, said Christy Gahr, […]
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Russell elected Oregon Investment Council chairman

John Russell, president of Russell Development Co., recently was elected chairman of the Oregon Investment Council. Source: Russell elected Oregon Investment Council chairman – Daily Journal of Commerce

Oregon’s pension fund investment board replaces its chair

The Oregon Investment Council voted Thursday to name Portland developer John Russell to replace the board’s outgoing chair, Rukaiyah Adams. Gov. Kate Brown has appointed Cara Samples, the chief financial officer for Fulcrum Wealth Management, to fill the empty seat on the council. The appointment requires Senate confirmation. Source: Oregon’s pension fund investment board replaces […]
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Emails Reveal Tensions Between Two Ambitious Players Overseeing Oregon’s $100 Billion Investment Portfolio

Emails WW has obtained via a public records request show friction in recent weeks between Rukaiyah Adams, chairwoman of the Oregon Investment Council, and State Treasurer Tobias Read, who acts as the state’s banker and is one of five members of the OIC.   Source: Emails Reveal Tensions Between Two Ambitious Players Overseeing Oregon’s $100 […]
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Editorial: Investment council must put politics aside

The Oregon Investment Council manages something like $75 billion in the state’s public pension funds, and it’s a responsibility the council’s members take seriously. They should. As fiduciaries, they have a legal obligation to invest that money wisely, minimizing risk while making as much money as possible. Thus they cannot stash funds in low-interest savings […]
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Editorial: Say no to ACLU request

The American Civil Liberties Union went to the Oregon Investment Council Wednesday and asked that the state withdraw its money from a private equity fund that owns a bail-bond company. The council is unlikely to do so, for a couple of good reasons. Source: Editorial: Say no to ACLU request;

Oregon Investment Council Member Blasts Elite Fund Manager For Lack of Diversity

At an Oregon Investment Council meeting earlier this month, OIC Vice Chair John Russell objected to the lack of diversity at one the OIC’s largest and longest standing pension managers, TPG Capital. Source: Oregon Investment Council Member Blasts Elite Fund Manager For Lack of Diversity – Willamette Week