Private Equity
She will be responsible for due diligence, execution and portfolio management.
The university approved private credit, real estate and private equity buyout commitments with new managers in the second quarter.
The plan made commitments with two existing managers’ latest funds.
The plan will interview two private equity managers and an infrastructure manager at its November board meeting.
She will be responsible for general oversight and day-to-day management of all global non-investment operations.
The plan increased its total private markets target as the portfolio is currently overweight to private equity and private real assets and recently placed an MSCI EAFE Index fund manager on watch due to underperformance.
The plan will have further discussions on adding a 3% initial target to private equity at its November board meeting.
HarbourVest Fund XII closed with over $3 billion in commitments.
