Private Equity
The plan committed to private equity and private debt for pacing purposes.
The plan is seeking one or more firms to provide non-discretionary consulting services for three asset classes.
The plan will consider first-time investments in private equity and private credit strategies.
The system approved a private equity commitment with an existing energy-focused manager at its board meeting late last month.
The institution selected a climate reporting consultant following a search from February and added hedge fund and real estate investments with existing managers during the first quarter.
The plan is seeking primary funds and fund-of-funds structures across buyout, growth equity and secondaries strategies as well as co-investments.
The plan will issue an RFP for ACWI ex-U.S. managers in the coming weeks.
The plan confirmed it is “not moving forward” with its up to $130 million commitment to Insight Partners Fund XIII and related investment vehicles that was approved at a June 9 board meeting.
The university recently committed to a venture capital fund launched by the team behind its startup incubator.
The church pension hired a new core fixed-income manager in addition to investments and co-investments in private equity and real estate in June.