Private Equity
The plan disclosed 14 recent commitments and an equity manager termination.
He will co-lead the growth equity team focused on minority investments in software and technology.
The firm will now be based in a Southern state after originally operating out of Boston.
The foundation has added a venture capital firm targeting minority tech entrepreneurs to its portfolio as it looks to boost its impact investment portfolio.
The university will consider investing in an international equity strategy that excludes fossil fuel companies and receive an education on private equity centered on the potential establishment of a maiden 10% target to the asset class.
The plan committed a total of $45.5 million last month.
The fund will focus on equity investments of $50 million to $250 million.
The fund partners with founders and management teams to transform businesses and accelerate growth in the food sector.
Plan will target $150 million in non-core real estate commitments in fiscal year 2022-2023.
The new MDs will oversee investor development, servicing and relationship management as well as public affairs, marketing and media relations.
