Alternatives
The foundation has added a venture capital firm targeting minority tech entrepreneurs to its portfolio as it looks to boost its impact investment portfolio.
The plan made commitments to three existing managers and investments with three developed markets equity managers.
The university is looking to hire an investment associate focused on private investments and real assets.
Plan will target $150 million in non-core real estate commitments in fiscal year 2022-2023.
The plan concluded two manager searches this week.
Investors are planning to increase their allocations to private markets to capture higher returns with the help of external partners like outsourced cios.
The fund added a real estate commitment with an existing manager at a special board meeting this summer after adding three open-end real estate funds in May.
The fund approved an infrastructure commitment with an existing manager at its board meeting last week.
The individual left their role as a senior investment analyst to join the investment consultant as an associate on its private markets team last month.
The fund made a venture capital commitment to a new manager as it is to find improved valuations in the venture space.