Alternatives

A university in the South is searching for investment manager for private investments, associate investment manager for private investments and an investment associate to assist in the oversight and management of its endowment.

A university based in a Southern state added private equity, hedge fund, private debt and public equity investments during the first quarter.

Plan added $225 million in private equity commitments in early February.

Plan will target direct lending, structured credit, distressed and special situations, specialty finance and multi-asset strategies in a private credit search scheduled to launch this week.

Plan’s investment committee will review a proposed RFP to fill a new 3% target to the asset class.

The foundation’s previous investment director focused on private markets was promoted to managing director in the fall as part of investment office succession plans.