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The $279.7 billion New York State Common Retirement Fund disclosed a real estate commitment in its emerging manager program in June, according to a monthly transaction report.
The Quebec Emerging Manager Program selected Bastion Asset Management to manage an alternative strategy mandate in July, the fund-of-funds program announced.
The plan approved allocating an additional $750 million to diverse managers at an investment committee meeting this week.
The pension plan had a discussion regarding diverse asset managers at its July 13 board meeting.
The university is creating a $500 million endowment to support scholarships for disadvantaged students that also includes a venture fund for student and alumni entrepreneurs, according to an announcement.
The plan will conduct a search for private equity emerging managers.
Eva Shang’s desire to launch a tech start-up led the undergraduate economics student to drop out of Harvard University and immediately enter the prestigious early-stage start-up accelerator program Y Combinator in 2016.
