Alternatives
The retirement system will also launch a search for private credit managers next year.
The plan added a follow-on commitment to a healthcare-focused private equity firm this week.
The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.
The trust fund is preparing to conduct an asset allocation study for one of its portfolios, the first since 2022, as it continues to build out its alternative asset classes, including private equity and real assets.
The private equity energy firm has closed its first-ever fund targeting investments related to nuclear facilities and companies above its $300 million fundraising target.
The plan is set to conduct searches for domestic large-cap growth equity, mid-cap value equity, private markets and co-investment managers due to expiring contracts.
The plan’s private markets committee will present two recommendations to the full board later this month.
The credit arm of an investment manager is acquiring a venture debt manager in a deal expected to close in the fourth quarter.
The firm, which seeks to lead investments in early-stage software companies at seed and series A stages, has raised more than $350 million for its inaugural fund, including a commitment from at least one large endowment.
The NAACP has launched a fund-of-funds to invest in fund managers and startups that are focused on closing gaps facing communities of color.