Private Equity
The plan made a credit commitment with a new manager and approved 2022 pacing plans yesterday.
A foundation based in the Midwest is looking to add new private equity commitments this year.
The plan made two buyout commitments this month and approved a 2022 private markets pacing plan in January.
The plan is set to discuss private equity, infrastructure and private debt in either March or April.
He is responsible for identifying and evaluating investment opportunities, monitoring portfolio companies and executing transactions.
College and university endowments posted “dramatically higher” investment returns in fiscal year 2021, however, the institutions foresee inflation as a longer-term issue posing as a challenge to meet return targets, according to a recent study.
The plan will look to commit up to $50 million to infrastructure managers either through existing relationships, MWDBE managers or through a search for products in the market.
He will focus on the specialty chemical, distribution, packaging and automotive aftermarket industries.
The plan disclosed three private equity commitments with existing managers today.
A Virginia-based pension plan made a venture capital commitment with a new manager yesterday.