Private Equity
The plan currently has issued RFPs for both private equity managers and consultants offering general investment and alternatives markets services.
He will help the investment team and portfolio company leaders to innovate and scale through cloud, data, analytics, artificial intelligence and security transformation initiatives.
The plan hired a new global equity manager to handle a $500 million mandate and added 13 other commitments last month.
Plan will review non-core real estate and private equity search reports provided by general investment consultant AndCo Consulting next month.
The fund will partner with and support entrepreneurs leading technology and healthcare companies.
The strategy is the largest private fund formed to decarbonize the real estate industry.
The university is looking to add private equity strategies to its endowment after recently increasing its target allocation to the asset class by 5%.
The plan initiated a search for a private equity emerging manager to fill a commitment capped at $10 million and completed a core real estate search this week.
Plan will search for private equity managers to fill a new 5% target to the asset class at today’s board meeting.
They will help source new transactions, perform due diligence and support portfolio company management teams.