Credit/Private Debt
The plan was notified of two credit commitments and a core real estate manager termination at yesterday’s board meeting.
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.
Plan added three commitments totaling $310 million at this week’s board meeting.
The plan disclosed $1.1 billion in total commitments with three new managers and ten existing managers in the fiscal first quarter.
Plan will review proposed 2023 pacing plans for four portfolios at Thursday’s board meeting.
The plan retained two managers based on the recommendation of its general investment consultant.
The plan disclosed several new private markets commitments in its December board meeting materials.
The commitments, which span real estate credit and private equity, include two new relationships.
The plan committed to a direct lending strategy today that will complement existing manager HPS Investment Partners.
The plan committed roughly $1.2 billion total to four new managers and two existing managers in October.