# TriMet

TriMet is a Pension Fund based in Portland, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Portland, United States
- **Region:** North America
- **Address:** 101 South West Main Street Suite 700, Portland, Oregon, United States
- **Founded:** 1969
- **Assets under management:** 887 (Altss estimate)
- **Website:** trimet.org
- **LinkedIn:** https://www.linkedin.com/company/trimet

## Regulatory record

- **Reports private funds:** No

## About

TriMet was established in 1969 as the Tri-County Metropolitan Transportation District of Oregon. It provides bus, light rail, and commuter rail services to the Portland region. The agency holds two defined-benefit pension plans for its employees. TriMet allocates 2.14 percent of assets to private equity. Its balance sheet includes direct ownership of transit facilities such as the Gateway Transit Center and Ruby Junction Operations Facility. The agency also maintains a public art collection and joint-venture residential projects including Patton Apartments. Geographic activity centers on Oregon with partnerships involving Metro and the City of Portland. The organization employs 3428 people. It maintains a foundation vehicle called Access Transit that has distributed grants since 2018. A March 2024 board meeting addressed investment policy updates. TriMet operates as a public agency rather than a private investment vehicle, with governance tied to regional government partners and state oversight of its pension trusts.

## Sectors

- Infrastructure

## People

- Sam Desue Jr. — General Manager

## Questions

### Who runs investment decisions at TriMet?

Sam Desue Jr. serves as General Manager. Investment policy updates are reviewed at meetings of the Board of Directors.

### Does TriMet participate in fund commitments or only direct deals?

TriMet maintains a 2.14 percent allocation to private equity. No specific fund commitments or direct deals are disclosed in available records.

### What investment stages does TriMet typically target?

No stage preferences are disclosed. The agency holds a modest private equity allocation alongside direct real-asset ownership.

### How is TriMet related to Metro?

Metro serves as a business partner coordinating transportation and land-use planning with TriMet in the Portland region.

## Related profiles

- [Representative Body of the Church in Wales](https://altss.com/profile/representative-body-of-the-church-in-wales)
- [Ipeca](https://altss.com/profile/ipeca)

---

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

Canonical page: https://altss.com/profile/trimet

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