Alternatives
The plan authorized staff to issue the RFP in November and committed to an existing buyout manager at yesterday’s board meeting.
The plan will issue an investment consultant RFP in the coming months due to upcoming contract expirations and recently made two private equity commitments.
The plan committed $11 million across four private equity managers as part of the implementation of the asset class.
A university based in New England is contemplating a new dedicated private equity allocation within one of its investment pools.
The university is considering adding a portable alpha allocation within one of its investment pools to diversify return exposures.
The university added a real estate commitment with an existing manager and fully liquidated a high-yield fixed-income strategy after a decade in the endowment.
The plan made private credit, private equity and real estate commitments at recent investment committee meetings.
The plan hired two firms that will target emerging and diverse private equity, real estate and private credit managers.
The cfo previously served as the firm’s managing director and head of asset management for infrastructure.
The plan committed $12 million total to its new private equity and private credit asset classes.