
Oregon Investment Council reappoints TorreyCove
US limited partner Oregon Investment Council (OIC) has reappointed TorreyCove Capital Partners to provide consulting services for the Oregon Public Employees Retirement System (Operf) alternatives portfolio.
The alternative consultant's responsibilities include programme construction, investment selection and monitoring for private markets.
The new contract is expected to start in January 2019, and would be for a three-year period, with pre-negotiated 24-month extensions available at the council's discretion. TorreyCove's current contact with OIC ends on December 2018.
OIC, which manages the assets of Operf, has also extended TorreyCove's contract to provide due diligence and monitoring for the Operf opportunity portfolio until December 2020.
OIC currently has 19.7% of its portfolio invested in private equity. It has recently committed to Hellman and Friedman Capital Partners IX, Bridgepoint Europe VI and Wigmore Street VI.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater