Alternatives
The fund will consider adding a new private equity manager within its trust fund portfolio following a presentation from the firm at its board meeting this week.
The institution approved a commitment from its endowment to a lower middle market buyout strategy with a new manager at the recommendation of its general investment consultant.
The commitments include two custom mandates.
The firm has completed an initial close of its fund targeting sustainably managed forestlands with more than $200 million in commitments.
The global asset manager has raised approximately $1 billion for an energy transition infrastructure fund.
The university was slated to approve a buyout private equity commitment to a new manager within its endowment at its meeting last week.
The plan also made $440 million in real assets and private equity commitments at today’s meeting.
The plan committed to four firms that represent new relationships.
Expansions will help the systems reach their goal of having 15% of U.S.-based actively managed investment assets with diverse-owned firms by 2025 and 20% by 2029.
The plan recently made five real assets and venture capital commitments.