Venture Capital
The retirement fund also disclosed commitments totaling $1.1 billion in September.
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
The venture capital firm raised capital across six vehicles, underscoring the firm’s bespoke fund architecture and deep AI investment track record.
The pension plan approved $435 million in alternatives commitments at its board meeting last week.
The commitment to an existing investment manager was made as the fund is underweight its strategic target to the asset class.
The university also made redemptions from domestic and emerging markets equity managers.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
The plan also recently added two public markets managers to its watch list.
The venture capital fund surpassed its $200 million target.
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.