Defined Benefit Fund Private Equity

OPERS seeks to maintain a top-tier Private Equity program that generates leading, risk-adjusted, long-term returns.

The following information details the short and long-term strategic efforts for achieving this objective.

These items describe additional approaches for maintaining a competitive Private Equity program:

Staff development - The Private Equity staff will continue to build core competencies. These will include performing due diligence, administering advisory roles, and monitoring portfolio compliance. Longer-term, we anticipate developing capabilities to capture the economic advantages of co-investment opportunities.
Networking - Information is critical and we will maximize our market knowledge by participating in industry conferences and actively networking with peers, including public and corporate plans, endowments, foundations, and financial institutions.
Active participation in partnerships - Partnership rights, including participation in advisory boards and valuation committees, will be fully exercised. We will also participate in all meetings and actively monitor partnership compliance.
Remain opportunistic - While operating consistently with the Private Equity Policy, we will remain alert and rapidly assess unforeseeable opportunities. As markets evolve, situations may arise that require timely, critical analysis and/or contrarian approaches. We must remain open to new ideas and unique investment structures.
Maintain patience - OPERS has a competitive advantage in the marketplace with the ability to provide long-term capital. We will remain committed to our policy and strategy and resist pressures to disrupt investment pacing or force sales.