Venture Capital
The plan made three private equity commitments over the last two months.
Plan added $90 million in total commitments across two funds with an existing manager last week.
The university approved commitments with three existing venture capital firms in late 2022.
The plan added up to $1.625 billion in new commitments at last week’s meetings.
The plan disclosed two private equity commitments and its exposure to the bankrupt cryptocurrency exchange yesterday.
The fund focuses on early-stage start-up companies in the U.S. or Israel.
The fund focuses on early-stage start-up companies in the U.S. or Israel.
Plan’s exposure to the cryptocurrency exchange represents less than 0.01% of the total portfolio.
The university will consider revising the target asset allocation for its model portfolio, including increasing the allocations to venture capital and private equity and natural resources, this week.
The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.