Private Equity
The university is creating a sizeable endowment to support scholarships for disadvantaged students that also includes a venture fund for student and alumni entrepreneurs.
The plan approved a re-up commitment of up to $20 million in May.
He will join the New York-based firm’s industrial growth team.
All three searches are being conducted due to the contract expirations of the incumbent providers.
Plan committed to firm’s fourth fund after previously committing to each preceding fund.
Shore Capital Partners Food and Beverage Fund II closed with $292 million in commitments.
Plan introduced private credit and private infrastructure target allocations and hired a domestic mid-cap value equity manager to replace its existing mandate with Wellington Management Company this week.
He will be responsible for managing the European investment team as well as the origination of new investment opportunities, investment due diligence and portfolio management.
Plan disclosed three May commitments totaling $140 million.
