Alternatives
The pension system also reviewed a private equity pacing plan last week and sent out an invitation only multi-asset credit RFP in April.
The institution will continue pursuing private equity, venture capital, real estate and certain kinds of hedge funds after revising its asset allocation in the last six months.
The fund approved a venture capital commitment with an existing manager this month as part of its pacing plan to commit $140 million per year to the asset class.
The university considered a private equity buyout commitment and increasing its investments with two existing global public equity funds by $30 million at this week’s meeting.
The pension system recently disclosed three new $15 million private equity commitments.
The firm has closed its first multi-asset continuation vehicle and secondary fund after receiving commitments from a group of new and existing limited partners led by Coller Capital.
A global investment firm surpassed its fundraising goal for its sixth infrastructure fund targeting solar energy projects.
The retirement system will interview two sets of finalists next month.
The plan is researching diversifying strategies for potential allocations.
The firm has hired a head of venture to lead its venture division and implement investment frameworks that identify promising opportunities while maintaining disciplined risk management practices.