Private Equity
The early-stage climate and sustainability venture firm closed its third flagship fund over its target with commitments from leading endowments, foundations, pensions and sovereign wealth funds globally.
The plan committed a total of $20 million to two funds at its board meeting today.
The plan will interview the manager for a potential commitment at its January meeting.
The pension plan committed $21.25 million total to five private markets managers last month.
The pension plan aims to commit $700 million to private equity next year and placed three managers on watch at its board meeting last week.
The pension plan will liquidate its $227.5 million timber mandate and $106.4 million farmland mandate due to underperformance.
The pension plan committed $140 million total to two managers yesterday.
The search is open to fund-of-funds, co-investments and private debt strategies.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.