Private Equity
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The pension system recently disclosed three new $15 million private equity commitments.
The firm has closed its first multi-asset continuation vehicle and secondary fund after receiving commitments from a group of new and existing limited partners led by Coller Capital.
The fund surpassed its $1.5 billion target.
The retirement system will interview two sets of finalists next month.
The retirement system previously did not have consultant coverage for private equity, private debt and private infrastructure.
The plan added $55 million in commitments across private credit and private equity in the first quarter.
The retirement association is interested in North American small- to middle market buyout managers.
The firm has launched a venture capital and growth strategy on its evergreen platform to invest in disruptive technologies and innovative companies.
The retirement system disclosed $100 million in alternatives commitments finalized last month.