Oregon Investment Fund Commits To Four PE Funds

Jun 23 2006 | 9:03pm ET

The Oregon Public Employees Retirement Fund will invest up to $48 million of its $105 million Oregon Investment Fund in four private equity firms.

The fund will commit $5-12 million each to Wedbush Capital Partners, Burrill Life Sciences Fund III, Voyager Capital Fund III and Nth Power IV.

The firms, based outside Oregon, will set up offices in the state.

Wedbush is a lower middle-market private equity firm; Burrill is an early-stage life sciences venture capital firm; Nth Power is a sustainable and renewable energy fund; and Voyager is a technology venture capital firm.

The state expects to make further investments shortly. "We expect to announce a couple of more deals in the near future to further our commitment to promising young companies in the state of Oregon," said State Treasurer Randall Edwards. 

The Oregon Investment Fund, established in February 2004, is a fund-of-funds that invests in regional opportunities and is managed by Credit Suisse.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…