Private Equity
The plan is set to commit up to $850 million to private equity next year.
The plan added a re-up commitment to an existing relationship.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.
The plan created a 3% target to private equity at its board meeting this week.
The plan disclosed several new commitments and is nearing a decision on a new asset allocation.
The firm has partnered with a financial technology company to launch a blockchain option within its private assets fund.
The university is an anchor investor in a Black-owned venture capital firm’s first strategy that closed last month with more than $60 million in commitments.
The firm has entered into a “leaders strategy” partnership to form a platform that aims to acquire companies and assets in the technology-enabled pharmaceutical solutions industry.
The firm closed its third fund above its $550 million initial target with the support of existing investors and a substantial personal commitment from its team.
Pacing plan is set for private equity, real assets, real estate and direct lending for 2023.
