Alternatives
The plan added two commitments totaling up to $80 million in the first quarter.
The commitment appears to represent a new relationship for the plan.
Plan’s investment and operations committee will recommend one finalist to the full board later this month.
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.