Alternatives
The plan also added several new equity managers to the program.
The fund will consider adding international equity, private equity co-investment and private credit secondaries strategies to its portfolio this week.
The firm has raised $100 million for its second early-stage venture fund, which invests in gaming and consumer internet startups.
A venture capital firm has launched its inaugural fund focused on property technologies that improve the global real estate sector.
The system approved a commitment to a new private equity manager within its endowment at its board meeting in September.
The new portfolio manager focused on private equity will replace a team member who left this summer to join a Mid-Atlantic nonprofit.
The plan’s consulting contracts are slated to expire in the first quarter of 2025.
The plan is looking to create a broadly diversified private credit portfolio.
The plan made a private equity commitment and approved a hedge fund redemption at today’s board meeting.
The former managing director for alternative investments at a college based in the Midwest, which outsourced the management of its endowment, has joined a private investment firm as a managing partner.