Foundation added venture capital, private credit and hedge fund commitments to its endowment earlier this month.
Plan approved a follow-on growth equity commitment to a JMI Equity last month.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.
Plan committed $60 million in total to risk parity and private equity buyout commitments this month.
Plan added three private equity and one real estate commitments in the year’s first two months.
Search is open to funds-of-funds specializing in a diversified opportunistic strategy.
An education system in the South approved a private equity commitment with a new manager and a real estate credit commitment with an existing manager last month following a recommendation from its general investment consultant.
Plan disclosed value-add real estate and private equity commitments in newly released board meeting materials.
Two follow-on private equity commitments approved at today’s board meeting total $30 million.
Plan defines tail hedge solutions as investments with an asymmetric positive return profile during periods of significant market stress.