Venture Capital
The retirement fund authorized commitments totaling $305 million, including one new relationship.
A university based in a Southern state will consider recommendations from its consultant to invest in private equity and venture strategies.
The plan made two commitments for pacing purposes at today’s board meeting.
The organization is seeking an advisor to assist with supporting its portfolio of innovations with capital and financing strategy as well as business models and operations for growth.
The retirement systems also disclosed co-investments yesterday.
The firm has added an operating partner to its council while hiring an investment partner and associate.
The institution approved four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its July board meeting.
The pension plan also disclosed more than $500 million in private equity commitments.
The pension plan disclosed up to $170 million in private equity commitments made last month.
The university approved investing with a startup company recently launched from the institution’s ecosystem.
