Investment Division

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The Investment Division manages, on behalf of Oregonians, a portfolio with a market value of over $90 billion. The division manages the Oregon Public Employees Retirement Fund (OPERF), the State Accident Insurance Fund (SAIF), the Oregon Short Term Fund (OSTF), the Common School Fund, and several state agency fixed income portfolios​. With assets of $70 billion, OPERF was recently ranked the 21st largest pension fund in the U.S. ​ 

Directions to Offices 

Directions to the Office of the State Treasurer in Salem and Tigard Offices.

Investment Division Contact Numbers

Investment Division General Phone: Salem (503) 378-4111

  • Fixed Income: Salem (503) 378-4111
  • Public Equity: Salem (503) 378-4111
  • Real Estate: Salem (503) 373-7089
  • Investment Division Fax: Salem (503) 378-6772

Investment Division General Phone: Tigard (971) 673-2800

  • Private Equity: Tigard (971) 673-2800
  • Investment Division Fax: Tigard (971) 673-2814

Oregon Investment Council   (OIC)  

This council invests all State of Oregon funds, including the Oregon Public Employees Retirement Fund and the State Accident Insurance Fund.    

Oregon Public Employees Retirement Fund (OPERF)

The OPERF is managed by the Oregon State Treasury, under the direction of the Oregon Investment Council. The Council's statutory mandate is to achieve the highest return possible on its investments. The Oregon State Treasury does not administer the Oregon Public Employees Retirement System. PERS is directed by its own independent board and administered by its own agency based in Tigard, Oregon.​

Oregon Intermediate Term Pool (OITP)

The Oregon Intermediate Term Pool (OITP) provides Oregon state-owned and sponsored entities with a vehicle to invest dollars not needed to cover short-term needs and able to withstand greater price volatility to achieve returns often associated with longer-term investments​. 

Oregon Short-Term Fund (OSTF)

​State agencies, cities, counties, and other public entities across Oregon have the option to invest in the Oregon Short Term Fund (OSTF) or the Local Government Investment Pool (LGIP) to keep their funds safe while earning a modest return.