The university made private infrastructure, growth equity and venture capital commitments within its endowment during the third and fourth quarters.
The institution has named the ceo of a climate- and sustainability-focused venture capital firm as the new chair of its board of trustees.
The firm’s latest fund targeting value-added investments in hotels across the U.S. was oversubscribed after receiving commitments from endowments, foundations, public and corporate pension plans, insurance companies and wealth management firms.
The university is still searching for sustainability-focused investments after reaching its initial socially responsible investment goal created five years ago.
The alternative credit manager has closed its second collateralized fund obligation, which will invest in U.S. senior lending, junior capital and equity co-investments, just below $200 million.
The mid-Atlantic based growth equity firm has promoted its cfo to partner.
The university promoted its deputy cio to lead its investment office as its investment head is set to retire after more than two decades of service.
The institution approved new hedge fund, private equity and venture capital commitments in the fourth quarter.
The foundation has issued an RFP seeking a firm to provide endowment management and gift administration services for its portfolio.
Institutional investors are bullish on private market investments as the rapid development of artificial intelligence technologies signals future growth in the economy despite looming geopolitical risks, according to a recent survey.