Private Equity
The university approved up to four financing agreements with startup companies recently launched from the institution’s ecosystem through its accelerator fund.
Artificial intelligence has been top of mind for many in the institutional investment industry for some time and Women’s History Month highlights industry females leveraging AI in various technology and healthcare spaces who find that these innovations, and women in general, are key investments for the future and productivity.
The plan committed to a fund specializing in aerospace and defense earlier this month.
The firm’s sixth life sciences fund has closed at its $6.3 billion hard cap.
The state pension plan also approved three alternatives commitments at a meeting last week.
The retirement fund made up to $170 million in alternatives commitments last week.
The retirement fund added a dedicated 5% allocation to the asset class earlier this year.
The transaction is expected to close in the second quarter.
The pension system added a commitment to the next fund in an existing relationship with Silver Hill Energy Partners.
The retirement system also approved a 2026 private markets pacing plan in January.
