A foundation in the Southeast committed catalytic capital earlier this year to help seed the launch of a community development venture capital fund.
The plan approved three new private commitments at a board meeting today.
Plan added $50 million across two new venture capital commitments with a China-based fund manager.
The plan hires two firms to manage a maiden liquid absolute return target.
The pension fund made four private equity commitments of equal size at a board meeting yesterday.
The plan made several private markets commitments last quarter.
The plan approved a new private equity commitment at last week’s board meeting.
The plan committed to two follow-on funds and one new manager.
The plan made hires in its domestic large-cap core equity and direct lending manager searches.
Over a third of alternatives investors plan to increase their exposure.