# Multnomah County

Multnomah County is a Government / Public Body based in Portland, United States.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Portland, United States
- **Region:** North America
- **Address:** Portland, OR, United States
- **Founded:** 1854
- **Assets under management:** Undisclosed
- **Website:** www.multco.us
- **LinkedIn:** https://www.linkedin.com/company/multnomah-county

## Regulatory record

- **Reports private funds:** No

## About

Multnomah County is one of 36 counties in Oregon. It operates through departments such as health, education, human services, and transportation. Based in Portland, Oregon, the county has made one investment.

## Sectors

- Real Estate
- Public Infrastructure
- Healthcare Services
- Education
- Arts & Culture

## People

- Jessica Vega Pederson — Multnomah County Chair
- Jennifer McGuirk — Multnomah County Auditor
- Eric Arellano — Chief Financial Officer

## Questions

### Who runs financial and investment decisions at Multnomah County?

Financial oversight is divided among multiple elected and appointed officials. The Multnomah County Chair, currently Jessica Vega Pederson, presides over the board that approves the budget. Jennifer McGuirk, the independently elected Auditor, provides external financial review. Eric Arellano serves as the Chief Financial Officer, managing day-to-day financial operations. There is no single CIO or investment committee in the asset-manager sense.

### What kind of assets does Multnomah County actually hold?

The county holds a mix of civic real estate, a public art collection, a vehicle fleet, and pension side accounts. Identified real properties include the Central Courthouse, Central Library, Operations Center, Rockwood Community Health Center, and Behavioral Health Resource Center. The public art collection is sited in over 30 county and city buildings. Its pension accounts are held with Oregon PERS.

### How is Multnomah County related to Oregon PERS?

Oregon PERS is the state's public employee retirement system and a business partner of Multnomah County, providing retirement and pension benefits to county employees. The county holds side accounts within PERS. The county's unfunded liability and contribution rates are part of its long-term financial picture, but specific figures for those accounts are not disclosed on the county's main public website.

### Does Multnomah County make direct venture capital or early-stage investments?

No. Despite a strategy label captured by prior data aggregators that references early-stage and venture, the county's official website shows no venture portfolio. Its assets are overwhelmingly direct holdings of real property and infrastructure, along with a traditional public pension relationship.

### What is the Percent for Art program and who manages it?

Multnomah County's Percent for Art program sets aside a percentage of eligible capital project costs to fund public art. The Regional Arts & Culture Council administers the program and manages the resulting collection, which is sited in libraries, health centers, and courthouses throughout the county.

## Related profiles

- [Multipoint Capital](https://altss.com/profile/multipoint-capital)
- [Mulvihill Capital Management](https://altss.com/profile/mulvihill-capital-management-inc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/multnomah-county

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology