Seeks long-term capital appreciation through a broad private equity portfolio spread across managers, strategies, sectors, geographies and vintage years. The Fund reaches the asset class six ways: direct equity and credit co-investments, secondary purchases of private fund interests, primary fund commitments, liquid credit, other liquid investments such as listed private equity and ETFs, and short-term instruments. Buyout is the dominant exposure, alongside growth equity, venture, secondaries and a smaller credit sleeve. Much of the pipeline is sourced through a non-discretionary Investment Consultant. Non-U.S. exposure is capped at 25%.