Infrastructure
The institution made the bevy of commitments with existing managers within its long-term portfolio between October and January.
Firm will focus on infrastructure verticals of data and technology, industrial and environmental, decarbonization and energy transition targeting equity investments of $20 million to $80 million.
Plan’s board committed $160 million to an existing infrastructure manager and was notified of a private equity commitment this week.
Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.
The fund approved the infrastructure commitment to a Southern-based firm with which it has previously committed more than $1 billion during its board meeting this week.
Commitments with two existing managers total $70 million.
Plan will seek infrastructure managers to complement its existing portfolio.
The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.
University will target multifamily housing and industrial supply chain properties after it increased its allocations to real estate, infrastructure and private equity assets within its retirement plan last week.
The plan approved a new 3% target to infrastructure following an education from its general investment consultant.
