Venture Capital
The foundation recently made an undisclosed mission-related commitment to a venture strategy focused on biomedical tech start-ups.
The university disclosed follow-on venture capital and private equity commitments made in the first and second quarters of 2023 within its long-term portfolio.
The investment consultant and its digital asset data and research firm partner have expanded their new digital assets taxonomy system with more than 100 new asset classifications.
The firm will open its first international office later this year, which will allow it to work closely with universities throughout the region to help provide talent and support to develop blockchain clubs and encourage blockchain-related curriculum.
The pension disclosed two private equity commitments from May that totaled $60 million.
The retirement system added three private commitments at its board meeting last week.
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.
Plan added a $50 million commitment to an existing manager relationship.
The institution approved venture capital commitments to a firm that marks a new relationship and terminated a hedge fund manager for liquidity purposes and being overweight its targets to the strategies.
The plan committed $4.4 million total to an existing venture capital manager relationship last month.