Private Equity
The firm has added an operating partner to its council while hiring an investment partner and associate.
The institution approved four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its July board meeting.
The retirement plan is expected to issue the RFPs for pacing purposes.
The retirement plan terminated a global macro hedge fund manager in the first quarter.
The retirement system committed to the next fund in a series after its last commitment to the manager in 2022.
The plan made four private equity commitments with existing managers this week.
The plan will soon begin an international equity search to potentially replace its underperforming incumbent.
The plan will commit an additional $60 million to private markets this year.
The pension plan also made a private equity commitment for pacing purposes last month.
The pension plan also disclosed more than $500 million in private equity commitments.
