Venture Capital
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.
The university will consider adding a currency overlay manager to take active positions in currencies and a venture capital strategy this week after increasing its target to the asset class in late 2022.
The university will consider committing $10 million across three underlying funds with a venture capital manager and fully terminating its investment with a hedge fund manager for diversification purposes.
The plan committed a total of $20 million to two funds offered by a private equity manager at its May 16 meeting.
The plan made commitments to new manager relationships and terminated a firm due to performance and outflows.