Private Equity
The pension plan disclosed two buyout commitments at yesterday’s board meeting.
The system approved a growth private equity commitment with an existing manager within its endowment at its Feb. 1 board meeting.
The institution will consider a venture capital commitment to a recently launched investment manager at its board meeting this week.
The plan approved a private equity commitment with a new manager at a meeting today.
The pension plan added commitments in real estate, private credit and private equity in recent months.
The plan disclosed four total commitments made last month.
Private equity firm has closed its inaugural fund with $900 million in total capital commitments.
The plan approved two commitments previously approved by its investment committee last month.
The commitments include one to a first-time manager.
Report finds 40% of U.S. and Canadian institutional investors plan to increase their allocations to private debt, while roughly one-third plan to grow their private equity holdings in the next three years.