Alternatives
The commitments to three firms represent new relationships.
The plan’s private markets committee will recommend the commitment at a board meeting later this month.
The fund approved recommendations to add new multi-strategy hedge fund managers as well as introduce long/short active management in the international equity portfolio last month.
The college is fine-tuning its hedge fund and private equity portfolios in the near term as it makes progress on its long-term goal to divest from fossil fuel investments.
The university authorized its board chair to execute or decline a private equity commitment within its endowment in the third quarter.
The pension added a new investment and co-investment in real estate and two additional commitments to existing secondaries and venture capital managers in October.
The fund anticipates hearing recommendations to add new multi-strategy hedge fund managers as well as introduce long-short active management in the international equity portfolio at its board meeting today.
The university added two hedge fund strategies with existing managers within its endowment in the third quarter.
The global asset manager has closed its third vehicle investing in high-growth technology companies across North America, Europe and Israel with $3 billion in committed capital from new and existing investors.
The commitments include follow-on and first-time fund commitments for the plan.