Credit/Private Debt
Plan will review a maiden allocation later this month after hearing an education on the asset class last week.
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 committed to a new credit manager earlier this month.
The new asset allocation introduces private credit and infrastructure asset classes.
The university disclosed follow-on credit, venture capital and real estate commitments made in the fourth quarter of 2022 within its long-term portfolio.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
Plan is seeking a dedicated long-only Japan public equity manager.
The private markets commitments were to two existing manager relationships.
The plan made several commitments to private markets funds last week.
The plan added approximately $730 million across six fund commitments this week.