Private Equity
The fund has deployed approximately 39% of its commitments across seven platform acquisitions.
The plan committed $25 million to an existing fund-of-funds relationship in November.
The plans terminated their core real estate manager last month.
The pension plan disclosed a private equity commitment made last month at yesterday’s board meeting.
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.