Alternatives
The two commitments will be funded from the plan’s public equity portfolio.
A university system in the South added a private equity commitment within its endowment alongside some changes to its public equity portfolio to achieve a more balanced and global approach at its investment committee meeting this week.
Fund will consider infrastructure and private equity commitments within its trust fund this week as it looks to build out allocations created in 2020.
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.