Private Equity
The plan’s current illiquid consultants will see their contracts expire.
The commitments include a $300 million commitment to a separately managed account focused on private credit emerging managers.
The pension plan considered approving a $20 million credit commitment today.
The pension plan’s investment committee approved four commitments totaling $275 million last week.
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
Fund’s commitments included one from a large Midwest pension plan last month.
The plan disclosed recent private equity, private credit and real estate commitments.
The university disclosed follow-on real estate and venture capital commitments made with existing managers within its endowment in the first quarter.
The retirement system disclosed roughly $70 million in committed capital across three funds.
