Alternatives
The plan rehired its cash overlay manager and terminated a portable alpha manager.
The fund is looking for multi-family real estate specialist managers as it looks to transition some of its portfolio’s overweight industrial exposure to multi-family real estate.
The plan added a $10 million commitment to a fund-of-funds vehicle last month.
The board of trustees will consider the placing plans at its Dec. 20 meeting.
The plan committed $100 million total to private equity and private credit and approved a 2023 private markets pacing plan this week.
Private assets, ESG and Chinese equity will help endowments and foundations garner strong returns over the long term without missing opportunities in the short term, according to a new report.
The university will consider revising the target asset allocation for its model portfolio, including increasing the allocations to venture capital and private equity and natural resources, this week.
The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.
The elimination will affect three managers that handle a total of more than $1.7 billion.
Plan added three commitments totaling $310 million at this week’s board meeting.