Private Equity
While diversity, equity and inclusion investments garner attention from the broader industry, U.S. venture capital firms have dedicated less than 2% of their assets to DEI investments, a new study finds.
The plan will receive a private equity pacing model in February.
The plan removed a manager structure constraint for its return-seeking fixed-income portfolio and approved a value-add real estate commitment with an existing manager this month.
The pension fund has exposure to FTX through three venture capital investments.
The plan recently committed to four private markets managers.
The plan is set to receive pacing plans for private equity, real assets and credit this week.
Plan added an up to $50 million commitment to an existing manager relationship.
The plan hired two firms to provide alternative asset consulting at its board meeting last week.
The plan moved an additional $30 million to an active equity manager hired over the summer.
The plan was notified of four commitments in closed session at yesterday’s board of investments meeting.
