Alternatives
The plan made commitments to existing relationships, added a new credit manager and approved the hire of a new public markets consultant at its Feb. 16 meeting.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
The plan has $39 million remaining to be committed to three private equity funds in 2023.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.
The plan committed to a new credit manager earlier this month.
The plan approved a core-plus fixed-income manager search and terminated its hedge fund-of-funds mandate as the result of a new asset allocation policy.
The plan authorized two private equity fund-of-funds searches and terminated two managers within its diversified strategies portfolio as the result of a new asset allocation policy.
The university disclosed follow-on credit, venture capital and real estate commitments made in the fourth quarter of 2022 within its long-term portfolio.
Bridge Investment Group has acquired substantially all of private equity secondaries manager Newbury Partners.
The plan added a European private equity commitment last week.
