Private Equity
The plan will look to commit up to $400 million across two venture capital funds later this month.
The fund exceeded its $1.75 billion target.
The middle market private investment firm has raised more than $3 billion total for its latest private equity and credit funds.
A university based on the East Coast is looking to add emerging private equity and venture capital managers to its portfolio.
The retirement system finalized a pair of new manager relationships last week.
The retirement fund is seeking both minority-, women- and disabled-owned commingled fund managers and Africa-focused buyout, growth or special situations managers.
The newly hired firm will provide private credit, private equity, real estate and infrastructure consulting services.
The retirement system also saw two investment staff members depart this week.
The plan terminated a $315 million international small-cap equity mandate due to long-term underperformance.
The retirement fund is seeking private equity managers across buyout/special situations, growth equity and venture capital managers.