Alternatives
The pension plan aims to commit $700 million to private equity next year and placed three managers on watch at its board meeting last week.
More than half, 58%, of endowment and foundations are currently invested in private market assets or are considering investing over the next 12 months, according to a survey.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.
The fund approved a real estate debt commitment to an existing manager above previous commitment levels in the third quarter.
The fund is considering the addition of two new private equity managers to its trust as part of the buildout of its allocations to alternatives.
The commitments total $850 million to existing relationships.
The plan also approved liquidating its sole emerging market debt manager at a meeting today.
The fund expects to hear recommendations on adding private credit, venture capital and public fixed-income managers over the next quarter and a half.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.