Private Equity
Commitment is with a private equity strategy centered around making investments in the North American midstream energy sector.
The university added several venture capital strategies and a buyout private equity fund to its endowment in the first quarter.
The four new firms help make up the plan’s new $5.2 billion fixed-income structure.
Consideration of private equity comes as part of an asset allocation study expected for review this week.
The plan committed $100 million each to three private equity firms at its May board meeting.
Plan’s board considered terminating an emerging markets value equity manager and disclosed several alternative commitments and manager terminations last month.
He will identify growth opportunities across the healthcare market.
The plan committed to existing managers’ latest funds.
Plan approved four new alternatives commitments and has begun a search for an investment analyst.
A prominent Southern university has committed to a new venture fund focused on Black-owned and -led healthcare companies alongside other institutional investors.