Venture Capital
The institution approved a commitment to a private equity fund focused on the intellectual property of musical artists in August.
The retirement fund also disclosed approximately $1.6 billion in alternatives commitments made in July.
The search will be opened to high-yield corporate debt, leveraged loans, securitized credit and convertible bond strategies.
The seed-stage venture manager recently closed its third core fund with commitments from a limited partner base that includes nonprofits, outsourced cios and investment managers.
The plan’s board will hear presentations from four domestic core fixed-income finalists next week.
A university foundation based in a Western state has approved several commitments, including allocations to opportunistic credit and venture capital strategies.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The plan also hired an international small-cap equity manager after finalist interviews.
The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The pension plan recently committed up to $75 million to an existing hedge fund manager relationship and tweaked its private equity sub-asset class targets.