The university has revised the investment policy statement for its investment portfolio, shifting its asset allocation toward domestic large-cap equities.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.
The foundation has established a target allocation for impact investments after deliberating on the subject since last year, when it invested in an impact fund.
The foundation is aiming to allocate at least 5% of its portfolio to emerging managers, while also looking to add climate-solution investments as it looks achieve a net-zero endowment by 2030.