Private Equity
The executive order, signed earlier this month, will limit or ban private fund managers from investing in certain technologies like computer chips or semiconductors in China.
The foundation approved a commitment to a buyout private equity strategy with a new investment manager in the second quarter.
The pension plan recently committed approximately $2.2 billion total to eight funds and terminated an existing credit strategy.
The plan has not made a new commitment to private equity since 2014.
The retirement system made $275 million in new alternatives commitments in recent months.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The firm closed its private equity strategy, which focuses on control investments in franchisor and multi-unit companies, with almost $600 million in total commitments, surpassing its $475 million target.
The plan will conduct a search for multi-asset class credit investment strategies.
Plan is eyeing searches for active emerging market debt and private markets secondaries strategies following initial discussion earlier this month.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
