Private Equity
The current consultant will see its contract expire this year.
The appointments include one internal promotion and one external hire.
The West Coast-based firm has entered a partnership with a digital asset platform to develop a range of single-coin, multi-coin and thematic indexes for institutional investors.
The plan approved commitments of up to $40 million each to two strategies.
The plan will look to commit $100 million to private equity and $60 million to real estate this year.
The university approved private equity, real asset, international equity and fixed-income investments with new managers in the second half of 2022.
The $200 million in total committed capital includes a new manager relationship.
The plan narrowed its domestic small-cap value equity search to three finalists and concluded its diverse fund-of-funds search.
The plan committed a total of $350 million across two commitments at today’s meeting.
The plan will look to add private credit, re-establish its private equity portfolio, add complementary real estate strategies and evaluate its domestic equity portfolio this year.