Oregon Funds Bolster KKR's Second Asia Hedge Fund

Jun 6 2012 | 9:39am ET

A pair of Oregon public funds is pouring $250 million into a Kohlberg Kravis Roberts Asia-focused hedge fund.

The state's Investment Council approved the spend by the Oregon Public Employees Retirement Fund and Oregon Common School Fund, Asian Investor reports. The former has committed $200 million to KKR Asian Fund II and the latter $50 million.

OPERF, which has $58.4 billion in assets, invested $100 million in KKR's first Asian fund five years ago. The investment has paid off, with an internal rate of return of 12%.

The new KKR Asian fund will focus on the consumer, manufacturing, healthcare and infrastructure sectors, in both developed and emerging markets n the region.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.