Private Equity
The schools are reviewing a potential private equity partnership that would see approximately $2.4 billion invested in the conference in return for a 10% stake.
The plan also renewed several of its investment consulting contracts at today’s board meeting.
The venture capital fund surpassed its $200 million target.
The plan also delegated investment authority to its executive director.
The commitment was made based on the plan’s current allocation and future cash flow assumptions.
The plan added a pair of private equity commitments and another to a credit opportunities fund.
The hires followed closed session deliberations.
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.
The institution will consider approving up to four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its October board meeting.
The firm has entered into an agreement to acquire 100% of a venture platform that invests across all stages of the venture capital lifecycle in a deal that is expected to close in the first quarter of 2026.