Private Equity
The plan approved one private equity commitment and opted against a second last week.
The plan will begin a search for core fixed-income managers next month.
Plan disclosed $415 million in recent alternatives commitments from December.
The university increased its targets to private equity and global equity at the expense of hedge funds.
The plan made commitments to two existing managers at a meeting last month.
The plan added up to $340 million in commitments to existing private equity and real estate manager relationships.
The plan added up to $1.625 billion in new commitments at last week’s meetings.
The plan committed $910 million total to one new manager and two existing managers this week.
The plan disclosed two private equity commitments and its exposure to the bankrupt cryptocurrency exchange yesterday.
The fund focuses on early-stage start-up companies in the U.S. or Israel.