Alternatives
The schools are reviewing a potential private equity partnership that would see approximately $2.4 billion invested in the conference in return for a 10% stake.
The commitment was made based on the plan’s current allocation and future cash flow assumptions.
The plan added a pair of private equity commitments and another to a credit opportunities fund.
The hires followed closed session deliberations.
The retirement fund approved five total RFPs as part of private equity and private credit pacing plans in July.
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.
The institution will consider approving up to four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its October board meeting.
The firm has entered into an agreement to acquire 100% of a venture platform that invests across all stages of the venture capital lifecycle in a deal that is expected to close in the first quarter of 2026.
Private markets funds are set for 70% growth by the year 2030 with private equity expected to be a key driver of that expansion, according to a recent analysis.
Nonprofit investors can find attractive investment opportunities in precious metals like gold, critical minerals like lithium and agriculture that diversify their real assets portfolio, while also providing a potential hedge against ‘stagflation.’