Real Assets
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.
The pacing plans call for a total of $835 million across the two asset classes.
The search will be conducted as part of a new policy to review vendor services every five years.
Plan is seeking closed-end funds for a $10 million to $15 million mandate.
The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The firm has completed an initial close of its fund targeting sustainably managed forestlands with more than $200 million in commitments.
The plan also made $440 million in real assets and private equity commitments at today’s meeting.