Private Equity
The plan authorized two private equity fund-of-funds searches and terminated two managers within its diversified strategies portfolio as the result of a new asset allocation policy.
The firm appointed a platform partner to coach portfolio companies and build and implement the firm’s internal technology stack on the heels of hiring three investment team members.
The university disclosed follow-on credit, venture capital and real estate commitments made in the fourth quarter of 2022 within its long-term portfolio.
The plan added a European private equity commitment last week.
The pacing plan will target a total of $80 million to the asset class.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
Plan is seeking a dedicated long-only Japan public equity manager.
The private markets commitments were to two existing manager relationships.
The plan made several commitments to private markets funds last week.
The plan added approximately $730 million across six fund commitments this week.