Private Equity
The plan is seeking buyout, growth equity and venture capital strategies.
The plan made commitments with two existing managers’ latest funds.
The plan will receive private equity and real estate commitment recommendations at tomorrow’s meeting.
The plan recently committed $245 million total to two private equity managers and one hedge fund manager.
A San Francisco-based private equity firm has raised $180 million from endowments, foundations and other investors.
The plan made a $10 million growth equity commitment at its May meeting.
The plan disclosed two private equity commitments at a board meeting yesterday.
The commitment represents a new relationship for the plan.
Plan also expects to receive an international value equity manager search update form its consultant later this month.
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.