Alternatives
Hedge funds overall may not have the panache today that they held in the early aughts but institutions continue to find these strategies to be beneficial in providing portfolios with the best risk-adjusted returns in today’s market and the future.
The plan added commitments in the private equity, credit and real estate asset classes.
The plan disclosed new private commitments made in recent months.
The retirement system will also launch a search for private credit managers next year.
The plan added a follow-on commitment to a healthcare-focused private equity firm this week.
The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.
The trust fund is preparing to conduct an asset allocation study for one of its portfolios, the first since 2022, as it continues to build out its alternative asset classes, including private equity and real assets.
The private equity energy firm has closed its first-ever fund targeting investments related to nuclear facilities and companies above its $300 million fundraising target.
The plan is set to conduct searches for domestic large-cap growth equity, mid-cap value equity, private markets and co-investment managers due to expiring contracts.
The plan’s private markets committee will present two recommendations to the full board later this month.