Plan added committed to the sixth fund in a series after committing to the fifth fund in late 2019.
Plan disclosed up to $189.5 million in new venture capital and real estate commitments.
The plan will hire multi-asset credit managers as part of the new structure and commit $170 million total to real estate in fiscal year 2023.
The plan made a commitment to one new manager alongside two follow-on commitments.
The new manager will complement the plan’s existing core real estate mandate with Invesco.
The plan will commit up to $3.9 billion to private equity, private credit and real assets.
The plan is seeking real estate managers across value-add, opportunistic and debt strategies.
The commitment appears to represent a new relationship for the university.
Plan added $30 million across two real estate commitments with existing manager relationships.
Plan committed $100 million total to a new credit manager and an existing real estate manager yesterday.