Alternatives
The university institution is looking to offload as much as 5% of its private equity portfolio on the secondary market.
The global private equity firm has made a minority investment in a firm that specializes in secondary market transactions.
A private foundation and a healthcare and insurance company were some of the institutional investors to commitment to a private equity real estate impact investment fund that raised $140 million.
The fund reviewed roughly $1.7 billion in intended private equity and real estate commitments this week.
The corporation is seeking consultants to assess the viability of the organization developing venture debt products.
The pension system disclosed recent commitments across real estate, private credit and private equity.
An initiative to support Tribal entities is looking to select fund managers or nonprofit development groups to invest in local businesses.
The retirement system added the two new asset classes as part of a completed asset allocation study.
The pension fund committed $10 million to a new relationship at this month’s board meeting.
The university is exploring the sale of some of its private equity fund interests within its endowment on the secondary market.