The Oregon Investment Council held its regular meeting on July 15, where it received a market presentation from Owen Lamont, Ph.D., of Acadian Asset Management. The presentation provided insights regarding the current market cycle and impact of recent, and planned, initial public offerings of artificial intelligence companies.

The next Council meeting is scheduled for Wednesday, September 2, 2026, when it is expected to adopt new asset allocation targets and ranges for the Oregon Public Employees Retirement Fund. This will mark the completion of the Council’s routine multi-year asset-liability study that helps guide the fund’s long-term investment strategy.

The Council is a six-member board responsible for setting investment policy for OPERF and other state investment funds. Four members are appointed by the governor. The state treasurer and the director of the Public Employees Retirement System serve by position.