Venture Capital
The retirement fund disclosed commitments totaling $2.3 billion in the first quarter.
Artificial intelligence has been top of mind for many in the institutional investment industry for some time and Women’s History Month highlights industry females leveraging AI in various technology and healthcare spaces who find that these innovations, and women in general, are key investments for the future and productivity.
The firm’s sixth life sciences fund has closed at its $6.3 billion hard cap.
The retirement fund made up to $170 million in alternatives commitments last week.
The transaction is expected to close in the second quarter.
The plan finalized private equity and private credit commitments totaling up to $75 million in February.
The retirement fund added $249 million in new commitment at last week’s board meeting.
The retirement system made venture capital commitments totaling $45 million last month.
The retirement fund also hired a new domestic small-cap value equity manager this week.