Alternatives
The university will review and discuss the investment policy and asset allocation for its endowment later this year, including increasing its private market allocations.
The plan will also receive a recommendation to renew its general investment consultant contract through 2029 this week.
The plan made three commitments with existing manager relationships.
The search for core and core-plus managers is being recommended as part of a 2024 pacing plan.
The commitments made last quarter totaled nearly $20 million.
The firm, which focuses on property-backed investments, has closed its seventh flagship fund above its target fundraise with 27% of all capital coming from nonprofits.
The firm has raised $1.6 billion in total commitments across five investment vehicles focused on venture funds and technology companies behind support from new and existing investors, including foundations, endowments, pension funds, family offices and high-net-worth individuals.
The system is considering a private equity buyout commitment with a new manager within its endowment.
The university disclosed follow-on credit, infrastructure and real estate commitments made between October and April within its long-term portfolio.
The founder of the Simons Foundation, who previously led leading quantitative hedge fund manager Renaissance Technologies, died on May 10 in New York City at the age of 86.
