Private Equity
The pension plan disclosed $575 million in private equity and private credit commitments at yesterday’s board meeting.
The firm recently closed its oversubscribed inaugural fund at its hard cap after garnering commitments from endowments, family offices, foundations and funds-of-funds globally over the course of the last year.
The retirement association selected a firm to split its 6% allocation to liquid credit at today’s board meeting.
The university added private equity commitments with new and existing managers within its long-term pool in between its March and April board meetings.
The pension plan considered establishing a 5% target to either private equity or private credit last month.
The firm added a principal to its investment team to focus on evaluating, executing and managing investments across the industrials sectors.
The retirement plan also made a private equity commitment for pacing purposes last month.
The retirement plan also added a private equity commitment at last week’s board meeting.
Ampersand 2026 Limited Partnership closes with $1.5 billion in commitments.
The firm terminated a roughly $100 million mandate and will use the proceeds to support benefit payments and fund capital calls.
