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Recent Investment Activity
See our recent board activity and investment commitments.
Board of Trustees
December 2020
Cliffwater presented the 2021 private markets annual plan and the board adopted a clarifying amendment to the investment policy concerning the definition of co-investments.
2020 Board Meetings
September 2020
Cliffwater presented a due diligence review report on the REIT managers, and the board approved retention of Cohen & Steers and Dimensional Fund Advisors.
June 2020
The board approved the 2020 capital market assumptions as recommended by Cliffwater and adopted adjustments to the asset allocation. The asset allocation is projected to earn 8% over the long term based on the updated capital market assumptions with an expected risk of 13.01%.
Cliffwater presented a due diligence review report on the index funds’ manager, and the board approved retention of State Street Global Advisors as manager.
April 2020
The investment policy was amended to create a section for the Credit asset class and the board voted to retain the current MLP manager.
February 2020
The board determined that the allocation of 2019 investment results will be 17.2% to employers’ total plan assets.
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recent investments
Commitments
Explore our most recent investment activity below, or use the dropdowns to search years’ past.
| Asset class | Closing/subs date | Manager name | Commitment | View archive |
| Hedge Funds | - | - | - | |
| Strategic Credit | - | - | - | |
| Distressed Debt | - | - | - | |
| Direct Lending | January 1, 2021 February 26, 2021 |
CapitalSpring Investment Partners VI, LP Comvest Credit Partners V, L.P. |
$85 Million $100 Million |
|
| Private Equity | February 10, 2021 February 26, 2021 February 26, 2021 |
Juxtapose Ventures II, L.P. Shamrock Capital Growth Fund V, L.P. TCG Crossover Fund I, L.P. |
$35 Million $50 Million $20 Million |
|
| Private Real Estate | January 21, 2021 |
Roxborough Fund III, L.P. |
$45 Million |