Oregon defends paying high PE fees, commits to Genstar

Oregon Treasury, Oregon Common School Fund, private equity, pension fund, Genstar Capital
Pathway next to Mirror Pond in Drake Park, Bend, Oregon. L Parker Photography/iStock/Getty Images
Oregon Treasury committed $350 million to private equity and credit investments, and its chief investment officer made the case that paying high PE fees has helped add billions to the state’s retirement fund over the years. The investment council, which ...

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