Venture Capital
The plan added approximately $300 million in commitments across August and September.
The foundation made a commitment to a local venture fund that aims to boost businesses owned by people of color in the region.
The plan also approved a private equity commitment as it continued talks in its ongoing asset/liability study at a meeting today.
The plan hired several managers at its board meeting today, totaling more than $1 billion.
The university approved adding long/short credit and venture capital commitments with new investment managers at its September board meeting.
The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.
The pension plan approved an up to $75 million commitment to an early-stage venture capital strategy.
The executive order, signed earlier this month, will limit or ban private fund managers from investing in certain technologies like computer chips or semiconductors in China.
The retirement system made $275 million in new alternatives commitments in recent months.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.