Alternatives
The university added two hedge fund strategies with existing managers within its endowment in the third quarter.
The global asset manager has closed its third vehicle investing in high-growth technology companies across North America, Europe and Israel with $3 billion in committed capital from new and existing investors.
The commitments include follow-on and first-time fund commitments for the plan.
The retirement system appears to have last conducted searches for the services in 2014.
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.