Alternatives
The firm has launched a new forest sustainability fund to promote climate change mitigation with a $500 million target.
The hospital system has launched a healthcare innovation fund to support healthcare-related startups, technology or service innovations and has already made two commitments of up to $1 million each.
The plan disclosed $1.1 billion in total commitments with three new managers and ten existing managers in the fiscal first quarter.
Plan will review proposed 2023 pacing plans for four portfolios at Thursday’s board meeting.
The pacing plan will commit a total of $825 million to real assets and private equity strategies.
The plan disclosed several new private markets commitments in its December board meeting materials.
The commitments, which span real estate credit and private equity, include two new relationships.
The plan committed roughly $1.2 billion total to four new managers and two existing managers in October.
The Midwestern university-affiliated foundation added a global private equity commitment to an existing manager in the third quarter.
The health system was slated to review a new investment policy statement with a revised target asset allocation at its Nov. 30 meeting, however, the meeting was postponed due to a lack of quorum.