The institution added a floating rate fixed-income fund within its short-term pool and reduced its investment with a hedge fund manager to fund increased domestic equity and international equity investments within its endowment.
The institution approved a new passive equity index investment with a diverse manager this summer as part of its commitment to promote diversity, equity and inclusion internally and through its selection of investment managers.
The college savings program is searching for a new executive director as its previous head left the role earlier this month to join a municipal financial advisory firm.
The fund added two private debt strategies to its portfolio as it has looked to increase allocations to private markets following approval of a revised target allocation last year.
The firm is looking to hire more diverse managers for client portfolios after adding several diverse firms, particularly in equity, private equity and venture capital, over the last two years.