Elizabeth Steiner says she supports reducing state pension fund investment in the underperforming assets.
By James Neff
Oregon Journalism Project
In an unusual public letter to the Oregon Investment Council last week, State Treasurer Elizabeth Steiner said she supports trimming $6 billion in private equity assets from the Oregon Public Employees Retirement Fund.
“While it is true that private equity has added significant value to our funds, I agree with the OIC and staff’s…