Private Equity
The commitments include two first time managers for the plan.
Commonfund will rename its two core businesses effective Feb. 1 to enhance clarity while supporting continued growth.
The plan made three private equity commitments over the last two months.
The plan concluded its domestic small- to mid-cap equity manager search and made private markets commitments last week.
Plan added $90 million in total commitments across two funds with an existing manager last week.
The pacing plans will target a combined $625 million to the two asset classes.
The plan concludes a search that began in February.
The university foundation added several strategies spanning private equity, domestic equity, commodities and high-yield and investment grade fixed-income within its endowment last year.
The university approved commitments with three existing venture capital firms in late 2022.
The plan adjusted its asset allocation policy to reflect its progress toward an 11% long-term private equity target and also approved two commitments in September.
