Alternatives
The university approved distressed debt and private equity commitments with existing managers within its endowment at its May investment committee meeting.
The firm recently held a first close of its climate private equity strategy with $500 million in capital commitments.
The university approved buyout and growth equity commitments with private equity managers that represent new relationships for the institution.
The third opportunity zone fund comes after the firm held the final close of its second opportunity zone strategy in excess of its predecessor fund.
The foundation approved new allocations to private debt, real estate and fixed-income strategies in the first quarter.
The commitments include two new relationships for the plan.
Plan added a re-up commitment to an existing manager relationship late last month.
The plan committed $90 million total to new and existing manager relationships yesterday.
The plan made private credit commitments after presentations in closed session.
The plan approved private equity and non-core real estate commitments at today’s meeting.