Private Equity
Private assets, ESG and Chinese equity will help endowments and foundations garner strong returns over the long term without missing opportunities in the short term, according to a new report.
The university will consider revising the target asset allocation for its model portfolio, including increasing the allocations to venture capital and private equity and natural resources, this week.
The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.
The elimination will affect three managers that handle a total of more than $1.7 billion.
Plan added three commitments totaling $310 million at this week’s board meeting.
The commitments were made with two existing managers.
The funds surpassed their respective fundraising goals.
The agency has issued an RFP seeking private venture capital funds based in Oklahoma and interested in participating in the state’s venture capital investments program, which is funded by the U.S. Treasury State Small Business Credit Initiative program.
The hospital system has launched a healthcare innovation fund to support healthcare-related startups, technology or service innovations and has already made two commitments of up to $1 million each.
The plan disclosed $1.1 billion in total commitments with three new managers and ten existing managers in the fiscal first quarter.