Real Assets
The plan disclosed a recent infrastructure commitment with a new manager.
Plan added real estate and real assets commitments totaling $60 million this week.
The university approved private equity, private real assets and public equity investments with new and existing managers within its endowment and liquidity pools.
He will focus on scaling and strengthening Vision Ridge’s asset management and governance capabilities.
The plan recently committed $348.5 million total to two existing managers and terminated a high-yield fixed-income manager.
Plan will begin addressing high-level considerations and formulating plans to begin redeploying assets in private markets investments after halting new commitments since 2016.
The plan will hear presentations from two funds for recommended commitments next month.
The plan is seeking a consultant for real estate and other real assets.
Plan’s investment committee approved up to $115 million in alternatives commitments this month.
The real assets sustainability consultant’s new office will seek to tap demand for ESG consulting in North America.