Alternatives
The plan finalized private equity and private credit commitments totaling up to $75 million in February.
The pension plan approved a pair of real estate commitments that fall in line with its annual pacing plan.
The pacing amounts were approved in conjunction with an adjusted asset allocation.
The pension fund approved a pair of commitments that are in line with the pacing plan for 2026.
A new report shows private equity deals require sharper value creation, a clearer, data-backed edge and faster earnings before interest, taxes, depreciation and amortization growth.
The firm closed its first real estate fund with more than $350 million in commitments from a diverse set of institutional investors that includes foundations, pension funds, registered investment advisors, family offices, banks and their clients.
The plan also disclosed $250 million in commitments at today’s meeting.
The plan approved an up to $20 million commitment to a new fund with an existing manager relationship.
The fund approved a private equity fund-of-one commitment with a firm that was a semifinalist in its original search to build out its private equity allocation with a fund-of-one commitment in 2020.
The university added an international equity strategy with an existing manager and a hedge fund credit strategy with a new manager in the first quarter.
