Private Equity
The university made private infrastructure, growth equity and venture capital commitments within its endowment during the third and fourth quarters.
The commitments include three new relationships for the plan.
The plan made several commitments in alternatives asset classes in November and December.
A total of six new commitments and two terminations were reported this month.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The pension plan liquidated its approximately $210 million domestic small- to mid-cap growth equity and made commitments totaling $120.5 million in November.
The institution approved new hedge fund, private equity and venture capital commitments in the fourth quarter.
The institution revised its strategic asset allocation last year, increasing its allocation toward growth assets like public equity and private equity.
The plan will consider a recommendation to conduct an RFP for one to two buyout/special situations fund commitments next year.
The pension plan made two private equity commitments in August for pacing purposes.