Private Equity
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
Fund’s commitments included one from a large Midwest pension plan last month.
The plan disclosed recent private equity, private credit and real estate commitments.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The retirement system disclosed roughly $70 million in committed capital across three funds.
The plan committed to two firms after interviews held in closed session.
The plan hired two private equity firms after finalist interviews last month.
The plan also hired an international small-cap equity manager after finalist interviews.
The pension plan hired a private debt manager and a private equity fund-of-funds manager to each handle 2% allocations in February.
The retirement system introduced a 3% public real assets target and made two private equity commitments in February.
