Alternatives
The fund approved a real estate commitment in a separate account agreement with an existing manager within its portfolio in the fourth quarter and disclosed infrastructure and energy investments from the first half of 2022.
The firm named its managing director for originations as head of responsible investment strategy last month to oversee ESG integration throughout its investment process and define its responsible investment strategy and initiatives.
All five commitments were made to existing manager relationships.
The plan made a $25 million re-up with an existing fund at its investment committee meeting this week while also opting to rescind a private debt commitment due to delays in deploying capital.
The university will invest an additional $500 million in the REIT on March 1 and the investment will have the same structure, terms and fees as the initial investment.
The appointments include one internal promotion and one external hire.
The plan voted to issue an RFP for the services due to the upcoming contract expiration of one of its providers.
The West Coast-based firm has entered a partnership with a digital asset platform to develop a range of single-coin, multi-coin and thematic indexes for institutional investors.
The plan approved commitments of up to $40 million each to two strategies.
The plan will look to commit $100 million to private equity and $60 million to real estate this year.