Alternatives
The commitments include a $300 million commitment to a separately managed account focused on private credit emerging managers.
The pension plan’s investment committee approved four commitments totaling $275 million last week.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The plan is searching for a firm to provide a variety of investment advisory, monitoring and reporting services for all private markets and alternative investment strategies.
The plan disclosed recent private equity, private credit and real estate commitments.
The RFPs are a result of a new asset allocation approved in May.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The firms have entered a strategic investment partnership that will provide access to direct private lower middle market investment opportunities.
The retirement system disclosed roughly $70 million in committed capital across three funds.
The plan committed to two firms after interviews held in closed session.