Private Equity
The plan interviewed five total private equity firms last quarter.
The fund closes above its $1.25 billion target at $1.44 billion.
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
The venture capital firm raised capital across six vehicles, underscoring the firm’s bespoke fund architecture and deep AI investment track record.
The pension plan committed $5.75 million to a new manager relationship in November.
The retirement system approved up to $320 million across two private markets commitments.
The plan also disclosed $30 million in second quarter alternatives commitments at this week’s board meeting.
The university approved forming a new for-profit company in partnership with a private equity firm to help support its athletics department.
The firm recently closed its seventh fund at its hard cap after attracting a diverse mix of institutional investors.
The fund is considering private equity and infrastructure commitments within its portfolio in December and January.