Private Equity
Plan added a $50 million commitment to an existing manager relationship.
Plan added $315 million in alternatives commitments with existing manager relationships last week.
The fund approved a revision to its investment policy statement to lift its prohibition of privately placed securities as requested by one its international large-cap equity managers and recommended by its general investment consultant.
The university approved distressed debt and private equity commitments with existing managers within its endowment at its May investment committee meeting.
The firm recently held a first close of its climate private equity strategy with $500 million in capital commitments.
The university approved buyout and growth equity commitments with private equity managers that represent new relationships for the institution.
The plan added a $7 million secondaries private equity commitment last quarter.
The commitments include two new relationships for the plan.
The plan expects to announce an intent to award on June 15.
Plan added a re-up commitment to an existing manager relationship late last month.