Real Estate
The plan is looking to fill a 5% target to liquid real assets within its OPEB portfolio approved over the summer.
The plan will issue an RFP for non-discretionary and discretionary services in January.
The university added real estate and venture capital commitments as it continues deliberations concerning fossil fuel divestment.
The plan’s consultant said there are additional strategies it might consider for diversification purposes.
The plan made a value-add real estate commitment for pacing purposes at yesterday’s board meeting.
The plan made additional commitments to existing managers at its meeting last week.
The plan terminated a manager after discussions held in closed session last month.
The plan approved four private equity and real estate commitments at today’s board meeting.
Plan added real estate and real assets commitments totaling $60 million this week.