Searches And Hires
The university institution is looking to offload as much as 5% of its private equity portfolio on the secondary market.
A private foundation and a healthcare and insurance company were some of the institutional investors to commitment to a private equity real estate impact investment fund that raised $140 million.
The plan received a report from its consultant after launching the search in February.
The fund reviewed roughly $1.7 billion in intended private equity and real estate commitments this week.
The university recently selected a new core bond manager to replace a recently terminated manager within its quasi-endowment.
The corporation is seeking consultants to assess the viability of the organization developing venture debt products.
The organization has issued an RFP seeking an investment manager to handle its trust fund, which is invested in a balanced portfolio.
The retirement system approved an approximately $25 million private equity commitment last month.
The current provider will see its contract expire at the end of this year.
The pension system disclosed recent commitments across real estate, private credit and private equity.