Alternatives
The university has partnered with a bitcoin native financial services company to launch the first long-term endowment fund held in bitcoin.
The public trust fund based is expected to consider new private credit commitments to a direct lending strategy and a special situations strategy at this week’s board meeting.
The plan approved three alternatives commitments at its board meeting last week.
A new survey finds institutional investors remain optimistic about private markets and alternative asset classes’ ability to buoy their portfolio despite economic uncertainty.
The retirement system committed to three existing manager relationships and one new manager relationship in the first quarter.
The university’s former cio left at the end of 2024 to join a venture capital manager, where they are involved with strategic partnerships and impact.
The retirement system committed to funds with two new manager relationships last week.
The infrastructure commitment was under consideration at a meeting this week to complement an existing manager as the health system is also underweight its target to the asset class.
The role oversees the firm’s engagement with institutional and private investors to support its growing platform and long-term investment strategy.
The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.