Private Equity
The fund focuses on buyouts that demonstrate favorable deal dynamics, visibility on value creation and downside protection.
Plan will a new 5% target to private equity after reviewing a search report last quarter.
The university will consider a real estate commitment with a new firm after disclosing follow-on commitments to existing venture capital, private equity and real estate fund managers.
The foundation added three new private equity managers to its portfolio in the second quarter as part of the build-out of its alternatives portfolio.
Plan added $250 million in new commitments across the second quarter.
The plan selected one firm to manage a customized private equity co-investment program.
The board terminated three managers to “harmonize” the equity portfolios between its plans.
The plan is considering two private markets managers for its emerging manager program.
The firm’s private equity director has left to join a healthcare-focused investment firm.
