Alternatives
The firm also surpasses $1.75 billion in regulatory assets under management.
The minority investment is being made via Wafra Inc.’s Strategic Partnerships platform.
The retirement fund also approved an Africa-focused private equity commitment earlier this month.
The pension system is also scheduled to review a 2026 pacing plan for private credit at this week’s board meeting.
The plan is seeking non-discretionary investment consulting services for its more than $500 million alternatives portfolio.
The plan approved two commitments for pacing purposes.
The pension system made its third commitment to private credit this year at today’s board meeting.
A trust fund based in a Western state has added a re-up investment with a private equity growth fund series.
The university and its investment consultant will review the asset allocation strategy for multiple investment pools in the coming months.
The university is searching for an investment director for private equity after a managing director on the team left this summer to join an investment management firm serving ultra-high-net-worth investors and family foundations.