The Investment Division manages on behalf of Oregonians
a portfolio with a market value of nearly $60 billion.
The division manages the Oregon Public Employees Retirement
Fund (OPERF), the State Accident Insurance Fund (SAIF),
the Oregon Short Term Fund (OSTF), and numerous smaller
funds such as the Common School Fund and the Oregon Growth
Account. With assets exceeding $45 billion, OPERF was recently
ranked the 21st largest pension fund in the U.S.
Oregon Investment Council (OIC)
This council invests all State of Oregon funds, including the
Oregon Public Employees Retirement Fund and the State Accident
Insurance Fund.
Oregon Public Employees Retirement Fund (OPERF)
The OPERF is managed by the Oregon State Treasury, under the direction
of the Oregon Investment Council. The Council's statutory mandate is
to achieve the highest return possible on its investments. The Oregon
State Treasury does not administer the Oregon Public Employees
Retirement System. PERS is directed by its own independent board
and administered by
its own agency
based in Tigard, Oregon.
Oregon Growth Account Board (OGA)
The purpose of the OGA is to earn returns for the Education Stability Fund by making investments in or
providing seed capital for emerging growth businesses, in Oregon, through external general partners.