Home Must Reads Oregon Investment Council commits $200M in pension assets to KKR

Oregon Investment Council commits $200M in pension assets to KKR

| Print |  Email
Must Reads
Thursday, May 31, 2012

The Oregon Investment Council committed $200 million in public pension assets and $25 million of the common school fund to private equity fund being raised by Kohlberg Kravis Roberts.

KKR, the king of the leveraged buyouts, manages almost $3 billion -- 6 percent -- of Oregon's $57 billion in pension fund investments. It is the key manager in Oregon's $13.7 billion private equity portfolio, which comprises 190 separate funds run by individual managers.

George Roberts, the "R" in KKR, on Wednesday told the five-member citizens council that oversees pension investments that the $6 billion the state has invested with KKR during the past 30 years has returned $8.6 billion in cash, with remaining investments valued at $2.9 billion. The net annual return to the state, after all fees and profits taken by KKR, is 19 percent, he said.

Read more at OregonLive.com.

{biztweet}oregon investment{/biztweet}

 

More Articles

Car ignition recalls and lean product design

Contributed Blogs
Friday, April 11, 2014
04.11.14 thumb gm-gettyTOM COX | OB BLOGGER

The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.


Read more...

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Buy the book

News
Tuesday, March 25, 2014
2 03.25.14 thumb bookshopBY VIVIAN MCINERNY | OB BLOGGER

Oregon is home not only to many fine writers but also several accomplished small publishers.


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...

Making faces

News
Thursday, February 20, 2014
02.20.14 Thumbnail ModelsBY VIVIAN MCINERNY | OB BLOGGER

As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS