Private Equity
The recently disclosed commitments consist of private equity, private credit and private infrastructure funds.
The plan also appears to have reissued its private markets consultant RFP.
The search is part of a 2024 pacing commitment plan.
The plan also placed its core fixed-income manager on watch in recent months.
The university is seeking an investment manager to take primary accountability for its private investment portfolio, which makes up 40% of its long-term investment portfolio.
The retirement fund also adopted a new long-term strategic asset allocation.
The retirement system previously extended its contract with incumbent Segal Marco Advisors for one year in October 2023.
The plan also made a private equity commitment in the second quarter.
An interview with Peter Ackerson of Audere Capital.
The university added a new hedge fund manager and committed to an existing private equity manager within its endowment in the third quarter.