Alternatives
The university added a new hedge fund manager to its endowment in December after fully redeeming from another hedge fund at the end of the third quarter.
The healthcare system hired a new investment analyst in the second quarter to help oversee its private markets investments following the departure of a senior investment analyst.
The fund expects to hear recommendations to add private markets and real estate commitments next year.
The retirement fund is also scheduled to review a core infrastructure manager for potential inclusion in the portfolio in February.
The pension fund terminated a pair of underperforming international equity managers last month.
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
The plan has lined up 2026 searches for real assets, real estate and private credit managers.
The retirement system approved up to $320 million across two private markets commitments.
The plan also disclosed $30 million in second quarter alternatives commitments at this week’s board meeting.
The university approved forming a new for-profit company in partnership with a private equity firm to help support its athletics department.