Private Equity
An interview with Peter Ackerson of Audere Capital.
The university added a new hedge fund manager and committed to an existing private equity manager within its endowment in the third quarter.
The firm’s $870 million fundraise surpassed both its target and original hard cap.
The investment fund is seeking large-market private equity buyout and non-core infrastructure strategies.
The retirement fund made commitments totaling $2.7 billion in August.
The plan committed to three private equity funds following finalist interviews at a meeting today.
The plan also narrowed its general investment consultant search to two finalists.
The firm’s latest flagship fund closes with $9.5 billion in capital commitments.
The fund will consider adding international equity, private equity co-investment and private credit secondaries strategies to its portfolio this week.
The firm has raised $100 million for its second early-stage venture fund, which invests in gaming and consumer internet startups.
