Private Equity
The RFP is slated for approval at the plan’s meeting next month.
The plan made commitments to new manager relationships and terminated a firm due to performance and outflows.
The university will consider gradually eliminating its fossil fuel exposures as well as pivot its target allocation toward illiquid strategies within its endowment this week.
The plan added a follow-on private equity commitment to a middle market buyout manager.
The plan made private equity and real estate commitments with two new managers and five existing managers in March.
Most endowments are increasing risk and turning a blind eye to human rights violations and abuses related to labor, privacy.
The endowment added growth equity, buyout and natural resources commitments in March.
The university approved fully liquidating a hedge fund manager and committing to a private equity strategy within its endowment in the first quarter.
Newly enhanced requirements affect large hedge fund and private equity advisors.
The manager will handle a new 3% long Treasury target allocation.