Venture Capital
The early-stage climate and sustainability venture firm closed its third flagship fund over its target with commitments from leading endowments, foundations, pensions and sovereign wealth funds globally.
The fund expects to hear recommendations on adding private credit, venture capital and public fixed-income managers over the next quarter and a half.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The plan recently made five real assets and venture capital commitments.
The firm has added a managing director to oversee its pre-seed investment strategy and portfolio that focuses on sourcing, investing and scaling high-growth, early-stage tech startups.
Plan committed up to $17.5 million across two first-time funds last month.
The pension added a new investment and co-investment in real estate and two additional commitments to existing secondaries and venture capital managers in October.
The global asset manager has closed its third vehicle investing in high-growth technology companies across North America, Europe and Israel with $3 billion in committed capital from new and existing investors.
The commitments include follow-on and first-time fund commitments for the plan.
The university disclosed follow-on private equity, venture capital and private credit commitments with existing managers within its long-term portfolio in the second and third quarters.