Private Equity
The retirement plan also made a private equity commitment for pacing purposes last month.
The retirement plan also added a private equity commitment at last week’s board meeting.
Ampersand 2026 Limited Partnership closes with $1.5 billion in commitments.
The firm terminated a roughly $100 million mandate and will use the proceeds to support benefit payments and fund capital calls.
The retirement plan also made a private equity commitment in the first quarter.
The plan terminated its incumbent mid-cap core manager last month.
The retirement system is looking to invest up to $15 million to the strategy.
The plan also made two private equity commitments at its board meeting today.
The retirement plan approved a private equity search to review the market for complementary funds to its existing lineup.
The university recently approved up to eight financing agreements with startup companies recently launched from its ecosystem through its accelerator fund.
