Private Equity
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.
The plan committed $90 million total to new and existing manager relationships yesterday.
The plan approved private equity and non-core real estate commitments at today’s meeting.
The university will consider two private equity commitments at its investment committee this week after increasing its target to the asset class last year.
The firm has raised more than $850 million of impact and sustainable capital since early 2021, including the close of its most recent impact fund, which is almost four times larger than its predecessor fund.
The Chicago-based firm closed its 14th buyout fund with $11.5 billion in aggregate commitments, exceeding its initial $9.25 billion target.
The system approved a private equity commitment to an existing manager focused on enterprise software and information technology within its endowment last month.
