Credit/Private Debt
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.
The plan expects to issue the RFP later this month and make a selection in the third quarter.
Plan is searching for a multi-asset credit manager to fill a maiden allocation to the asset class.
The firm named its managing director for originations as head of responsible investment strategy last month to oversee ESG integration throughout its investment process and define its responsible investment strategy and initiatives.