Alternatives
The firm has launched its flagship private equity decarbonization program for investors that aspire to reduce the carbon footprint of their portfolio and contribute toward achieving net-zero targets.
The global manager has finalized the second close of its fund targeting sustainably managed forestlands globally with approximately $335 million in commitments.
The firm closed its latest flagship private market fund with nearly $4 billion in commitments from nonprofits and other institutional investors globally.
The plan approved hires in its general and alternatives investment consulting searches at today’s board meeting.
The pension fund committed to private credit and private equity buyout funds.
The pair of commitments are subject to approval from the full board later this month.
The plan will target a proposed allocation of $12 million to $18 million for pacing purposes.
The firm has hired the former director of investments at a mid-Atlantic-based college as a managing director of private markets to provide investment advice, income tax minimization and wealth planning and financial administration solutions.
The foundation added distressed credit, mezzanine debt and hedge fund-of-funds strategies to its portfolios last year.
The system approved private equity commitments with new and existing managers within its endowment and the addition of a short-duration fixed-income manager within its liquidity pool at its investment committee meeting this month.