Venture Capital
The plan is seeking one or more firms to provide non-discretionary consulting services for three asset classes.
The university recently committed to a venture capital fund launched by the team behind its startup incubator.
The fund will hold a first reading of proposed changes to its investment policy statement and strategic asset allocation, including increased allocations to fixed-income and hedge funds, at its June 29 board meeting.
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.
