The plan committed $15 million each to new funds from existing managers.
Plan will issue an RFP seeking diverse-owned private equity managers to handle up to $50 million.
Plan committed to three existing managers at today’s board meeting.
Plan switched domestic small-cap value equity managers in the first quarter.
The two commitments will be funded from the plan’s public equity portfolio.
A university system in the South added a private equity commitment within its endowment alongside some changes to its public equity portfolio to achieve a more balanced and global approach at its investment committee meeting this week.
Fund will consider infrastructure and private equity commitments within its trust fund this week as it looks to build out allocations created in 2020.
Foundation added venture capital, private credit and hedge fund commitments to its endowment earlier this month.
Plan approved a follow-on growth equity commitment to a JMI Equity last month.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.