Venture Capital
The retirement fund disclosed commitments totaling $2.3 billion in the first quarter.
The university approved up to four financing agreements with startup companies recently launched from the institution’s ecosystem through its accelerator fund.
Artificial intelligence has been top of mind for many in the institutional investment industry for some time and Women’s History Month highlights industry females leveraging AI in various technology and healthcare spaces who find that these innovations, and women in general, are key investments for the future and productivity.
The firm’s sixth life sciences fund has closed at its $6.3 billion hard cap.
The retirement fund made up to $170 million in alternatives commitments last week.
The transaction is expected to close in the second quarter.
The plan finalized private equity and private credit commitments totaling up to $75 million in February.
The retirement fund added $249 million in new commitment at last week’s board meeting.
The retirement system made venture capital commitments totaling $45 million last month.