Alternatives
The retirement system is seeking firms to provide private equity and private real return consulting services.
The retirement system finalized direct lending and private equity buyout commitments last week.
Private equity funds managed by Genstar Capital have agreed to make a majority investment in independent, privately owned firm First Eagle Investments.
The retirement system divvied up $12 million between two private equity co-investment funds-of-funds.
The fund will consider committing additional capital to two recently-hired managers within its portfolio at a special board meeting on March 5 after its original meeting on Feb. 19 was cancelled due to a winter storm.
The fund is slated to receive a cryptocurrency education presentation from an asset manager at this week’s board meeting.
The plan approved private equity and real estate commitments at its board meeting today.
The university is searching for an investments associate or associate director to help oversee its long-term portfolio with a focus on private equity.
The firm, which utilized artificial intelligence to build and manage investment strategies for institutional clients, closed after nine years in business.
A consortium of nonprofits and private organizations are seeking a venture consultant to run a regional investment program for life science start-up companies.