Alternatives
The venture capital manager recently closed its first climate tech fund-of-funds at its hard cap with commitments from large endowments and foundations.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.
The commitments include five new relationships for the plan.
The plan also expects to issue a general investment consultant RFI this year.
The university approved a venture capital commitment with a firm founded in 2023 at its February board meeting.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
The plan scheduled its annual commitments for private equity, private debt, real assets and real estate.
The system approved a growth private equity commitment with an existing manager within its endowment at its Feb. 1 board meeting.
The institution will consider a venture capital commitment to a recently launched investment manager at its board meeting this week.
The firm has hired a co-cio to help lead its investment activities, including investment research, manager sourcing, portfolio construction and risk management