Private Equity
The plan’s board is slated to approve Wilshire as its new general investment consultant this week.
The plan made commitments totaling up to $321.4 million this week and was informed of a private equity co-investment.
The plan’s private equity committee received three investment recommendations last week and made two commitments in March.
The RFP is slated for approval at the plan’s meeting next month.
The plan made commitments to new manager relationships and terminated a firm due to performance and outflows.
The university will consider gradually eliminating its fossil fuel exposures as well as pivot its target allocation toward illiquid strategies within its endowment this week.
The plan added a follow-on private equity commitment to a middle market buyout manager.
The plan made private equity and real estate commitments with two new managers and five existing managers in March.
Most endowments are increasing risk and turning a blind eye to human rights violations and abuses related to labor, privacy.
The endowment added growth equity, buyout and natural resources commitments in March.