The firm announced the retirement of a portfolio manager, who has been with the firm for 38 years.
The private equity fund exceeded its $3 billion target.
The private equity fund exceeded its $1.25 billion target.
The new hire joins the plan’s private markets team focusing on private equity, private debt, real assets and real estate.
The plan is seeking a new cio as its longtime incumbent will retire at the end of this month.
The firm focuses on control equity investments in middle market businesses.
The firm added a co-head of global institutional sales who will begin in March.
The investment officer will report to Executive Director and CIO Craig Slaughter.
A report finds that 60% of private equity and venture capital industry professionals expect to see greater cash earnings this year, down from 65% last year.
The university added three new members to its board of trustees, including two investment industry veterans.