Alternatives
New survey finds endowments and foundations will lean on private market investments and reduced costs to potentially as new pressures present themselves.
The early-stage climate and sustainability venture firm closed its third flagship fund over its target with commitments from leading endowments, foundations, pensions and sovereign wealth funds globally.
The university is looking to hire an investment manager to help oversee private investments within its endowment, including sourcing investments and conducting due diligence.
The plan committed a total of $20 million to two funds at its board meeting today.
The university is adding private credit and U.S. Treasury bond strategies to its portfolio after transitioning to a discretionary advisory relationship in the first quarter.
The plan will interview the manager for a potential commitment at its January meeting.
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.