Alternatives
The foundation has added a private equity strategy and an active global equity fund as part of its commitment to achieve net-zero carbon emissions across its endowment.
The university added real estate and venture capital commitments as it continues deliberations concerning fossil fuel divestment.
The plan disclosed recent private equity, real assets and private credit commitments made in the last five months.
The plan made several commitments today, including two new relationships.
Plan added alternatives commitments in September, August and July.
The plan approved four private equity and real estate commitments at today’s board meeting.
Plan’s new domestic mid-cap value equity manager will handle a 2.5% allocation.
The transaction is expected to close in the first quarter of 2023.
The university approved private equity, private real assets and public equity investments with new and existing managers within its endowment and liquidity pools.
The foundation made a commitment to a private equity manager as it looks to achieve net-zero carbon emissions in its portfolio by 2030.