Commodities
The university foundation added several strategies spanning private equity, domestic equity, commodities and high-yield and investment grade fixed-income within its endowment last year.
Plan added alternatives commitments in September, August and July.
Plan added $250 million in new commitments across the second quarter.
The plan will commit up to $3.9 billion to private equity, private credit and real assets.
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
Fund is reviewing a request to consider a potential hedging program for its exposure to oil made at its board meeting last week due to the commodity’s volatility.
The plan last issued an RFQQ for the services in 2018.
The plan is watching four firms due to underperformance and hired a new emerging markets equity manager.
Plan will consider breaking up 5% allocation to Master Limited Partnerships and is considering exposures to commodities, listed infrastructure and TIPS.
Plan will consider incorporating new allocations to private credit and private infrastructure in the coming months.
