Private Equity
The plan made five commitments with existing manager relationships.
The plan will hear from a total of 10 managers in its global equity and private equity searches.
The RFP will be issued on the plan’s website “shortly.”
The university hired a private equity firm as its discretionary advisor last year, outsourcing the management of its endowment.
The commitments represent new manager relationships for the council.
The plan is looking to invest $10 million each with private equity and opportunistic fixed-income managers.
The commitments include a new manager relationship and a follow-on.
The healthcare technology and tech-enabled services focused firm closed its latest fund with nearly $500 million in commitments.
The plan committed $30 million to an existing private equity manager relationship at today’s board meeting.
The plan made four follow-on commitments totaling $625 million.
