Alternatives
Plan is eyeing searches for active emerging market debt and private markets secondaries strategies following initial discussion earlier this month.
The university approved private equity, real estate and venture capital commitments with new and existing managers within its endowment toward the end of the second quarter.
The plan added a commitment to a firm’s sixth fund in a series after previous commitments to the preceding two funds.
The private debt commitment was made for pacing purposes.
The plan made a $50 million commitment after interviewing finalists at today’s meeting.
The plan committed to two private equity strategies and a maiden infrastructure investment.
The plan disclosed recent commitments from both the public and private markets.
The fund added a private credit manager as part of the buildout of the asset class over the last 18 months as well as a private equity secondaries fund focused on distressed assets.
The plan expects to commit to buyouts and special situations funds for the next three years.
The plan selected a pair of firms to fill a maiden allocation to the asset class.