Alternatives
The trust will commit $100 million in total this year.
The university added private equity, real estate, opportunistic credit and private energy strategies with new and existing managers within its endowment in fiscal year 2025.
The retirement fund also hired a new domestic small-cap value equity manager this week.
The investment analyst will join the foundation’s private markets team and assist with overseeing and managing its investment across private equity, natural resources and real estate.
The retirement fund approved increases across private equity, private credit, private value-add real estate, MLPs and marketable alternatives this week.
The retirement fund is targeting private equity finalist interviews at its February and March board meetings.
The plan made $350 million in commitments for pacing purposes.
The pension system approved $245 million in private markets commitments over the second half of 2025.
The sports-focused, operator-founded private equity firm recently closed its inaugural sports fund “substantially” above its initial target.
The fund approved a recommendation from its general investment consultant to allow an existing real estate manager discretion to toggle between two different classes of stock to improve its return profile.