Private Equity
The pension plan made $734.7 million in total private equity/current return commitments and $321 million in total real estate commitments in the third quarter.
The recently disclosed commitments consist of private equity, private credit and private infrastructure funds.
The plan also appears to have reissued its private markets consultant RFP.
The search is part of a 2024 pacing commitment plan.
The plan also placed its core fixed-income manager on watch in recent months.
The university is seeking an investment manager to take primary accountability for its private investment portfolio, which makes up 40% of its long-term investment portfolio.
The retirement fund also adopted a new long-term strategic asset allocation.
The retirement system previously extended its contract with incumbent Segal Marco Advisors for one year in October 2023.
The plan also made a private equity commitment in the second quarter.
An interview with Peter Ackerson of Audere Capital.
