Private Equity
The latest commitment will be the plan’s fifth overall investment with the firm.
The plan made private equity commitments totaling $60 million this week.
The plan made the commitment alongside approving a 3% target to the asset class at today’s board meeting.
The plan fully redeemed a market-neutral investment and will consider an international small-cap value equity manager hire.
The plan committed $911 million total to a core real estate strategy and three buyout funds yesterday.
The hospital is seeking an investment associate to manage its private real assets and private equity investments with a focus on venture capital.
The plan will look to fill allocations to private equity, global infrastructure and real estate.
The plan is considering rehiring its general investment consultant and selecting a new consultant for its real estate and real assets portfolios.
The plan committed to a new private equity manager last week.
The agency has issued an RFQ seeking investment managers to launch a $50 million venture capital fund targeting startups in a Midwestern state.