Alternatives
The university added a new global public equity investment and a private equity commitment with existing managers within its endowment in the fourth quarter.
Fund is seeking a firm to serve as co-fiduciary and provide full service non-discretionary investment consulting services for its private markets portfolio mandates.
The global alternatives firm has named a senior-level staff member to serve in the newly created role of president, with another staffer to fill his former position.
A global alternatives investment group focused on private equity and other private capital strategies sold the majority of its stake in a global private equity manager, which consisted of the group’s entire management fee earnings and future performance related earnings.
The fund approved 2025 pacing plans across private equity, private credit and private real assets last month.
Under today’s conditions, many nonprofits and allocators are looking at other macro trends — especially the advancement of artificial intelligence technologies and concomitant demand spike for energy and infrastructure — that bode well for their alternatives allocations.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The retirement system added private equity and private credit commitments in recent months.
At least three nonprofit organizations have committed to a venture capital manager’s inaugural fund, which recently closed with more than $60 million in commitments.
The retirement system issued an RFI for the services last year and does not currently utilize a dedicated consultant for private markets.