The plan added a second large-cap value equity manager to diversify its portfolio.

The plan started with a $3 million commitment to the space and may look to add a second commitment later.

The plan is looking to invest up to $30 million in either a single strategy manager or an emerging manager-of-managers.

The plan promoted from within after initiating a search due to the retirement of Dan Slack at the end of 2021.

Foundations and endowments looking to deliver positive social or environmental outcomes in underserved areas alongside a financial return should look to private markets to generate that impact in 2022, according to a recent report from an investment consulting firm.

A university based in the Midwest has hired a new executive v.p. for finance and administration to oversee its fiscal and investment management as its previous cfo retired earlier this year.