Private Equity
The state pension fund is considering a private markets emerging manager program and will issue an RFI as it looks to gather further insight into the process.
The university disclosed the recent addition of three new private equity strategies within its endowment in between its first and second quarter committee meetings.
The fund concluded a recent RFP with three private equity commitments totaling $50 million.
The commitments include two new manager relationships for the plan.
The pension plan also made private debt and private equity commitments yesterday.
The university added private equity and private credit commitments within its endowment in the first quarter.
The commitments include a new relationship for the plan.
The pension system added up to $175 million in new commitments in April.
The retirement association was notified of two real estate commitments and one private equity commitment last week.
The search follows underperformance within the asset class.
