Private Equity
The foundation made a commitment to a private equity manager as it looks to achieve net-zero carbon emissions in its portfolio by 2030.
The university disclosed follow-on commitments with two private equity managers made in the third quarter within its long-term portfolio.
The partner will lead the firm’s healthcare group and the principal will focus on cybersecurity.
The plan committed to three buyout funds with existing managers.
The plan expects to issue RFPs for two investment consultants in November.
Plan will begin addressing high-level considerations and formulating plans to begin redeploying assets in private markets investments after halting new commitments since 2016.
The plan terminated an underperforming international equity manager and made a venture capital commitment last month.
The fund will focus on the business services, consumer, healthcare services, manufacturing and specialized distribution sectors.
The fund will focus on control investments in middle market businesses.
The fund will invest in the global healthcare industry.