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The institution approved a financing agreement for an up to 10% stake in a company developing a new retinoid therapy.
The fund has raised $685 million for its second fund, which will continue to execute a asset-based private credit strategy that focuses on providing bespoke, founder-friendly financing solutions to high-growth tech-enabled companies.
The university is searching for an investment analyst to help conduct research and analysis on financial markets globally as well as existing and prospective investment managers.
The investment management company will conduct a national search for a president, ceo and cio as its current will be retiring by the end of 2025 after more than two decades of service.
The retirement system added a credit director to its investment team.
The firm’s newest partners previously held roles with Centerbridge Partners and Santander.
The retirement fund’s investment committee also restructured its domestic equity portfolio to help meet impending sustainability goals.
The plan totaled nearly $690 million in commitments across its private equity and real assets portfolios last week.
The city has issued RFPs seeking investment advisory and record keeping services for its $57.6 million 457 plan.
The retirement board also hired a new private equity advisor at its investment committee meeting today.