Private Equity
The trust will commit $100 million in total this year.
The university added private equity, real estate, opportunistic credit and private energy strategies with new and existing managers within its endowment in fiscal year 2025.
Blue Owl Strategic Equity raised approximately $3 billion in commitments from across its global private wealth and institutional channels as well as related accounts.
The retirement fund also hired a new domestic small-cap value equity manager this week.
The retirement fund also disclosed commitments totaling $1.1 billion in November.
The retirement fund approved increases across private equity, private credit, private value-add real estate, MLPs and marketable alternatives this week.
The commitments were made this year under delegated authority.
The retirement fund is targeting private equity finalist interviews at its February and March board meetings.
The plan made $350 million in commitments for pacing purposes.
The pension system approved $245 million in private markets commitments over the second half of 2025.