Infrastructure
The firm added a managing director for its sustainable infrastructure credit platform to assist with deal origination, sourcing, structuring and mobilizing capital.
The plan established a dedicated real assets target of up to 3%.
The fund approved a recommendation from staff and its general investment consultant to make a co-invest commitment to an infrastructure fund-of-one with an existing investment manager in its portfolio.
The university revised its asset allocation this month, increasing its target to alternative investments, as recommended by its discretionary advisor.
The board will hear a recommendation from staff and its investment consultant to approve a co-invest commitment to an infrastructure fund-of-one with an existing manager within its portfolio.
The plan approved credit and real assets commitments at today’s board meeting and will consider a private equity commitment next month.
The retirement system also recently made private markets commitments totaling $16.5 million.
The retirement system also made a private equity commitment last month.
The plan is set to receive an infrastructure pacing plan at a board meeting tomorrow.
The board also disclosed a fixed-income manager termination last week.
