Private Equity
The plan also recently added two public markets managers to its watch list.
The pension plan approved real estate and private markets commitments totaling $120 million yesterday.
The schools are reviewing a potential private equity partnership that would see approximately $2.4 billion invested in the conference in return for a 10% stake.
The plan also renewed several of its investment consulting contracts at today’s board meeting.
The venture capital fund surpassed its $200 million target.
The plan also delegated investment authority to its executive director.
The commitment was made based on the plan’s current allocation and future cash flow assumptions.
The plan added a pair of private equity commitments and another to a credit opportunities fund.
The hires followed closed session deliberations.
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.