Today the Oregonian ran a story by reporter Jeff Mapes about SEIU President Joe DiNicola, Mapes noted that: "The largest union for state employees in Oregon is embroiled in a messy political and legal struggle over a claim from its elected president for nearly $110,000 in back overtime pay. Outraged members of Local 503 of … Continue reading Union Chief Under Fire for Wrong Reasons
Category: Oregon-PERS
In June the Oregon Investment Council held its annual planning session and included a special presentaiton from NW Natural CEO Mark Dodson on Carbon limits and other energy topics. This is the same Mark Dodson whose firm NW Natural tried to acquire PGE with funding from the Texas Pacific Group. In addition, the law firm … Continue reading OIC Hosts NW Natural CEO Mark Dodson
Here is a link to the history of private equity investments by Oregon PERS going back to 1981. The listing shows that more than $5 billion in new committments have been made to the private equity area in the last 18 months. KKR alone has received more than $2.5 billion in the last 3 years. … Continue reading Oregon Investment Council (PERS): Private Equity Investments
Today Oregon PERS is one of the nations largest public pension funds, with more than $70 billion in assets. In Oregon the administation of PERS is handled by the PERS administrative board yet the investments are managed by a separate board, the Oregon Investment Council (OIC). This link shows the members on the OIC in … Continue reading Oregon Investment Council: Structure, Members and Board Minutes