Venture Capital
The commitments include follow-on and first-time fund commitments for the plan.
The university disclosed follow-on private equity, venture capital and private credit commitments with existing managers within its long-term portfolio in the second and third quarters.
The plan added approximately $300 million in commitments across August and September.
The foundation made a commitment to a local venture fund that aims to boost businesses owned by people of color in the region.
The plan also approved a private equity commitment as it continued talks in its ongoing asset/liability study at a meeting today.
The plan hired several managers at its board meeting today, totaling more than $1 billion.
The university approved adding long/short credit and venture capital commitments with new investment managers at its September board meeting.
The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.
The pension plan approved an up to $75 million commitment to an early-stage venture capital strategy.
The executive order, signed earlier this month, will limit or ban private fund managers from investing in certain technologies like computer chips or semiconductors in China.
