More questions arise about state investments in private equity

The Oregon Investment Council faces tough questions from lawmakers, unions and advocates. An email shows the former state treasurer shared their concerns. 

 

By James Neff

Oregon Journalism Project

As Oregon state treasurer for eight years, Tobias Read didn’t have a discouraging word for “private equity,” the secretive investments that account for one quarter of the state’s $100 billion Public Employees Retirement System fund. 

At least not publicly. 

Tobias Read

But privately last summer, Read…

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