Real Estate
The plan made three follow-on commitments at this week’s board meeting.
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.
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.
The plan added a commitment to a firm’s sixth fund in a series after previous commitments to the preceding two funds.
The plan rehired its incumbent managers following searches launched earlier this year.
The plan opted to liquidate its 10% allocation and reallocate the proceeds to fixed-income.
The plan disclosed recent commitments from both the public and private markets.
The plan made commitments with two existing managers.
The searches are part of an implementation plan for its newly increased target allocation to yield-driven strategies.
The Northeast-based firm completed the final closing of its first real estate hospitality fund with more than $275 million in equity commitments.