The plan made commitments totaling up to $321.4 million this week and was informed of a private equity co-investment.
The plan’s private equity committee received three investment recommendations last week and made two commitments in March.
The plan transferred the assets to an existing Standard & Poor’s 500 Index mandate last week.
The recommended changes include introducing a 5% target to private debt and restructuring the plan’s U.S. fixed-income and both U.S. and non-U.S. equity portfolios.
The plan initially launched its search to replace Christina Elliott in January.
He will focus on global and regional economic research, analysis and commentary in the newly created role.
The commitment was made as part of the foundation’s efforts to align 100% of its investments with its mission.
The plan expects to select a general investment consultant in November.
The plan is seeking active core and core-plus bond managers to handle roughly $125 million each.
The search follows approval of new asset allocation policies, which introduced a 5% target to international small-cap equity for each plan.