Searches And Hires
The commitments conclude a private credit RFP search process that was launched in September.
The retirement board made $250 million in total commitments over the last two quarters.
The retirement fund made four private equity commitments totaling $10 million in the second quarter.
The pension plan issued an RFP in April due to its incumbent’s contract expiration.
The plan added commitments with two new hedge fund managers and two existing real estate managers this summer.
The university is considering selling a portion of its private equity portfolio as it looks to reposition its endowment under its new investment head, who began in the role last year.
The university also made redemptions from domestic and emerging markets equity managers.
The university’s cio left earlier this month after roughly four years in the role.
The university has committed nearly one-third of the capital committed to the pan-Canadian impact investment fund, which expects to hold its final close on or before March 31.
The university retained its incumbent discretionary investment advisor following a search launched in the first quarter.