Venture Capital
The fund approved a venture capital commitment with an existing manager this month as part of its pacing plan to commit $140 million per year to the asset class.
The pension system recently disclosed three new $15 million private equity commitments.
The firm has launched a venture capital and growth strategy on its evergreen platform to invest in disruptive technologies and innovative companies.
The role is tasked with supporting the university’s venture and private equity portfolio by assisting with the development of its investment pipeline and monitoring investment opportunities, among other duties.
The fund reviewed roughly $1.7 billion in intended private equity and real estate commitments this week.
The corporation is seeking consultants to assess the viability of the organization developing venture debt products.
An initiative to support Tribal entities is looking to select fund managers or nonprofit development groups to invest in local businesses.
The firm is also celebrating 15 years of investing in early-stage founders.
The university’s former cio left at the end of 2024 to join a venture capital manager, where they are involved with strategic partnerships and impact.
Early-stage venture capital firm Construct Capital successfully closed its $300 million Fund III, the firm announced.