Alternatives
Investors are changing the way that they factor in sustainable investing themes and their engagement with private capital is the key to providing better sustainability data to enhance portfolios in 2021, according to recent research.
A university in the south updated its asset allocation, including creating a new credit/distressed opportunities allocation, last year.
The commitments were made in closed session at a special board meeting this week.
The plan will invest in a newly formed local and minority-owned asset manager.
The plan has launched a general investment consultant search previously delayed due to COVID.
The plan recently made a venture capital and a value-add real estate commitment.
Plans approved alternatives commitments totaling $23 million this week.
Potential domestic small-cap core equity search would come in a decision to move away from a small-cap value manager.
The plan committed a total of $50 million to two funds for pacing purposes.
The plan disclosed several private equity commitments and one to private debt at a board meeting today.