Real Assets

The Western state senator has introduced a bill to create a nonprofit and endowment to support economic development and diversification in communities across the state that have historically relied on fossil fuels.

The plan committed $700 million to two alternative managers.

Plan will discuss potentially implementing a dedicated allocation to Pan-Asian assets over the next year.

Plan made commitments to eight existing managers and one new manager last month.

The university added domestic small-cap value equity and international value equity investments as well as a private real assets commitment this year, while redeeming from two hedge fund managers.

Plan’s board committed $160 million to an existing infrastructure manager and was notified of a private equity commitment this week.