Alternatives
The plan approved retaining up to $10 billion in liquid markets exposure through the program at its investment committee meeting yesterday.
The pension plan’s hedge fund committee considered four commitments and a manager termination at its meeting this month.
The plan received information on a total of 15 managers at its meeting today.
The plan made private equity and private credit commitments for pacing purposes.
The university disclosed follow-on private equity, venture capital and private credit commitments with existing managers within its long-term portfolio in the second and third quarters.
The plan added approximately $300 million in commitments across August and September.
The plan made real estate and infrastructure commitments at a meeting this month.
The retirement system approved a $35 million commitment to a middle market senior loan fund at its board meeting yesterday.
The London-based firm has closed its oversubscribed third fund, which invests in mining and energy transition metals, at its hard cap, marking the largest fundraise in the firm’s fund series.
The fund approved the addition of an upper middle market direct lending manager as its general investment consultant viewed the strategy as complementary to existing managers in the portfolio.