Private Equity
The increases are a result of a new asset allocation study.
The pension plan hired a new domestic small- to mid-cap value equity manager and made commitments totaling $980.4 million in June.
The university is looking to hire an associate director of investments with a focus on private equity.
The retirement system hired its incumbent consultant to a five-year contract following a search conducted in 2019.
The plan added a private equity commitment with an existing manager earlier this summer.
The plan has begun its search for private equity, private credit and real assets consultants.
The foundation has committed to a private equity micro-buyout fund that recently held its first close.
The pension plan added a private credit commitment alongside private equity and real estate co-investments in July.
A university foundation based in a Western state has approved several commitments, including allocations to opportunistic credit and venture capital strategies.