Alternatives
New research shows that institutional investors should not pause or stop their private markets commitments in difficult markets, but instead continue to invest to take advantage of mispricing.
The university will consider gradually eliminating its fossil fuel exposures as well as pivot its target allocation toward illiquid strategies within its endowment this week.
The asset class will represent a new investment for the plan.
The plan discussed three commitments last quarter totaling $75 million.
The plan added a follow-on private equity commitment to a middle market buyout manager.
The plan approved commitments to two existing managers.
The endowment added growth equity, buyout and natural resources commitments in March.
The university approved fully liquidating a hedge fund manager and committing to a private equity strategy within its endowment in the first quarter.
Newly enhanced requirements affect large hedge fund and private equity advisors.
The plan made follow-on commitments totaling $925 million.
