Alternatives
The pension plan is seeking a firm to handle a mandate ranging between $400 million and $1 billion.
The credit firm recently closed its inaugural fund, which provides capital for small business owner-operators, above its target fundraise.
The fund will hold a first reading of proposed changes to its investment policy statement and strategic asset allocation, including increased allocations to fixed-income and hedge funds, at its June 29 board meeting.
The plan committed to new funds by exiting managers at a meeting last week.
Plan will hear presentations from four general investment consultant firms at its meeting next month.
The university added three private equity managers and redeemed from two hedge fund managers in the first half of 2023 in accordance with a new investment policy approved in late 2022.
The plan will hear a geographically diverse private debt strategy next month.
The pension system added a new commitment to an existing credit manager relationship last week.
Pension plan expects to review approving a search for international small-cap equity managers next month.
The foundation recently made an undisclosed mission-related commitment to a venture strategy focused on biomedical tech start-ups.
