Private Equity
The plan added $45 million in private markets commitments in January and December.
The plan made several changes as part of a total equity structure review at today’s board meeting.
The firms have created a separately managed account that allows financial advisors to allocate to private equity, private credit and real assets.
The pension plan disclosed commitments totaling $1.5 billion in the fourth quarter.
The pension plan committed up to $65 million total to private credit and private markets managers yesterday.
The request for expressions of interest has been launched to keep pace with plans to build out the investment fund’s private equity portfolio.
The search is due to the upcoming contract expiration of Meketa Investment Group.
The plan also received a private markets pacing plan at its board meeting today.
The university made several re-up and add-on commitments with existing developed equity, hedge fund and private equity managers within its portfolio during the third quarter.
The retirement association made 13 commitments totaling more than $900 million.