Health Care Foundation of Greater Kansas City committed $15 million to Commonfund Capital Global Private Equity Partners II, a private equity fund of funds, said recently released finance and investment committee minutes.
The $769 million Kansas City, Mo.-based foundation's finance and investment committee also approved at its Jan. 25 meeting to commit a total of $20 million to one or two to-be-determined buyout funds later in 2018.
Investment consultant Aon Hewitt Investment Consulting assisted.
Rick Zimmer, chief financial officer, could not be immediately reached to provide further information.