Private Equity
The plan hired several managers at its board meeting today, totaling more than $1 billion.
The plan approved a private equity commitment at today’s meeting.
The commitments are part of general investment consultant Callan’s 2024 private equity pacing and reinvestments model.
The university approved adding long/short credit and venture capital commitments with new investment managers at its September board meeting.
The commitments include maiden investments in private credit.
The plan terminated an opportunistic mandate for performance reasons last week.
The pension plan disclosed two private equity commitments yesterday.
The commitments complete the plan’s private equity pacing for the year.
The plan approved private equity and tangible assets commitments at its meeting today.
The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.