The commitments satisfy the plan’s 2021 and 2022 private credit pacing schedules.
A Midwestern plan has disclosed a private credit commitment with an existing manager.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.
The plan expects to launch a general investment consultant search this summer.
A venture capital firm based on the West Coast has closed its oversubscribed first fund, which focuses on early-stage investments in technology-enabled companies led by Latinx and diverse founders, with a few prominent foundations participating.
A university in New England approved a venture capital fund-of-funds commitment within its endowment at its investment committee meeting last month.
A university based in the Midwest approved an allocation with a hedge fund manager within its non-endowment portfolio this month.
The plan selected two firms to manage a total of $30 million.
The plan approved three private equity commitments to existing managers at a board meeting today.
The plan is seeking one or more fund-of-funds managers to handle a $400 million mandate.