Oregon Treasurer Elizabeth Steiner, MD, recently outlined shifts in the state’s investment strategy in a letter to the Oregon Investment Council and PERS beneficiaries that includes the state Treasury’s reductions in private equity investments.

Oregon Treasurer Mulls 2026 Pension Fund Strategy

As the Oregon Investment Council (OIC) gears up to revise its 2026 asset allocation goals for the Oregon Public Employee Retirement Fund (OPERF), Treasurer Warren offered her thoughts on the state’s investment strategy. She outlined four guiding principles:

Principle 1: A diversified portfolio is a good strategy that balances returns and risks over the long term.

Principle 2: The OPERF portfolio must be structured to find opportunities in the market conditions of today and the future, not yeste

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