Alternatives
The plan disclosed four private equity commitments to new and existing managers today.
Credit and venture capital commitments were made with three existing managers yesterday.
Plan added infrastructure and private equity buyout commitments at today’s meeting.
Plan will seek one core firm and one core-plus bond manager to split a proposed long-term target of 24% to the overall asset class.
Three new commitments totaled up to $115 million for the plan.
The plan added a private equity commitment with an existing manager and two real assets commitments with a new manager last week.
Institution is evaluating portable alpha and late-stage private investments for its endowment to add alpha to bolster returns.
A foundation based in a Western state has added a bitcoin and a VC investment.
A university based in New England added private equity and hedge fund strategies to its endowment in the first quarter.
Private asset managers must position themselves with an eye toward the continued growth and development of digital assets, according to a new study from Northern Trust.
