Alternatives
The university approved adding long/short credit and venture capital commitments with new investment managers at its September board meeting.
The foundation amended its asset allocation policy, removing its allocation to special purpose acquisition company assets, and added several commitments within its endowment during its second quarter investment committee meeting.
The commitments include maiden investments in private credit.
The plan approved private equity and tangible assets commitments at its meeting today.
The treasurer’s office hired a firm to handle the inaugural investment within its infrastructure impact investment program after hiring an investment advisor to oversee the program earlier this year.
A new report finds the impact investment space has seen tremendous growth in assets allocated in public markets as the fastest-growing asset class over the last half decade was public debt.
The fund approved restructuring its real estate portfolio in favor of a core-satellite portfolio with a core mandate and two to three satellite managers and also added two 130/30 managers to create a market cap and style neutral portfolio structure.
The plan disclosed making private equity and absolute return commitments with existing managers during the second quarter.
The plan disclosed private equity, private credit and real estate commitments at a board meeting today.
The firm recently added a new member to its business development team to support its deal origination efforts and focus on building relationships with corporate sellers.