Alternatives
The fund approved a new asset allocation for its portfolio as well as a private equity commitment to an existing manager relationship at its special board meeting last month.
The plan hired three managers that will evenly split $100 million.
The plan added $500 million across three new alternatives commitments in the fourth quarter.
The plan is seeking buyout, secondaries and open-end core infrastructure funds.
The plan made the commitment alongside approving a 3% target to the asset class at today’s board meeting.
The plan will look for a replacement global growth equity manager after terminating its incumbent this week.
The hospital is seeking an investment associate to manage its private real assets and private equity investments with a focus on venture capital.
The plan will look to fill allocations to private equity, global infrastructure and real estate.
The agency has issued an RFQ seeking investment managers to launch a $50 million venture capital fund targeting startups in a Midwestern state.
The foundation is looking to add more private equity, real assets, special situation and impact-focused investments this year.
