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The university approved a venture capital commitment with a firm founded in 2023 at its February board meeting.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
The system is seeking a consultant for its cash and endowment pools after conducting a similar search in 2019 for standard due diligence purposes.
The pension plan hired the manager as part of a new domestic equity structure.
The foundation is conducting the search to change investment advisors due to challenges surrounding the proximity of its incumbent advisor.
The foundation retained its incumbent provider following a similar search six years ago.
Yue Bonnet will lead the firm’s investment activities.
She joined the plan last month from the Virginia Retirement System.
The pension plan’s cio recently approved three private equity commitments.
The plan will issue an RFP later this year due to standard state procurement laws and has also tabbed several private markets searches.
