Private Equity
The university added private equity commitments with new and existing managers within its long-term pool in between its March and April board meetings.
The pension plan considered establishing a 5% target to either private equity or private credit last month.
The firm added a principal to its investment team to focus on evaluating, executing and managing investments across the industrials sectors.
The retirement plan also made a private equity commitment for pacing purposes last month.
The retirement plan also added a private equity commitment at last week’s board meeting.
Ampersand 2026 Limited Partnership closes with $1.5 billion in commitments.
The firm terminated a roughly $100 million mandate and will use the proceeds to support benefit payments and fund capital calls.
The retirement plan also made a private equity commitment in the first quarter.
The plan terminated its incumbent mid-cap core manager last month.
The retirement system is looking to invest up to $15 million to the strategy.
