Private Equity
The pension plan approved $435 million in alternatives commitments at its board meeting last week.
The commitments were part of a 2026 private equity recommendation from general investment consultant Marquette Associates.
The search is open to general and private markets consultants.
The investment board has also made up to $1.4 billion in new commitments.
The rebrand marks the completion of Performance Equity Management’s integration into Sagard’s global middle market private equity platform.
The university reupped with existing real assets and private equity managers within endowment fund in the first half of the year.
The endowment was slated to consider issuing separate RFPs for infrastructure strategies and private equity strategies at this month’s board meeting.
The firm also surpasses $1.75 billion in regulatory assets under management.
The minority investment is being made via Wafra Inc.’s Strategic Partnerships platform.
The retirement fund also approved an Africa-focused private equity commitment earlier this month.