Emerging/Diverse Managers
The retirement fund disclosed eight commitments totaling $1.1 billion in July.
Team members from an outsourced cio have started a new platform to capitalize on opportunities outside the U.S.
A university based on the East Coast is looking to add emerging private equity and venture capital managers to its portfolio.
The retirement fund is seeking both minority-, women- and disabled-owned commingled fund managers and Africa-focused buyout, growth or special situations managers.
The retirement fund’s investment committee also restructured its domestic equity portfolio to help meet impending sustainability goals.
The venture capital manager held an initial close for its second fund-of-funds targeting climate-focused technology after garnering investments from nearly 40 investors.
The pension is expanding its emerging manager program into the public equity space after initial investments in alternatives starting in 2022.
The search stems from 2025-2026 fiscal year real estate pacing plans approved last month.
The two searches were discussed at the plan’s May investment committee meeting.
A foundation based on the West Coast has added commitments to diverse-owned managers due to their environmental or responsible investment strategies.