Private Equity
The plan is scheduled to approve a new target asset allocation at its meeting on Tuesday.
The pension plan committed up to $40 million to an existing manager relationship yesterday.
The foundation recently made an undisclosed mission-related commitment to a venture strategy focused on biomedical tech start-ups.
The pension plan’s investment committee approved a $75 million commitment to a middle market buyout strategy last week.
The new fiscal year 2024 asset allocation policy will increase the fixed-income targets for four of the plan’s systems.
The university disclosed follow-on venture capital and private equity commitments made in the first and second quarters of 2023 within its long-term portfolio.
The system will introduce a target to rebalancing leverage as part of a new long-term asset allocation policy for its defined benefit plans and hired a record keeper on behalf of its eight defined contribution plans yesterday.
CIO Jonathan Grabel recently rehired the trust’s public markets passive manager and the pension plan made a $270 million private equity commitment this week.
The investment consultant and its digital asset data and research firm partner have expanded their new digital assets taxonomy system with more than 100 new asset classifications.
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