Alternatives
Plan retained its incumbent consultant over proposals from four other firms.
Investment subcommittee committed to an existing venture capital fund-of-funds manager within its endowment last month.
The plan committed to two existing managers and bolstered its public equity staff.
Plan selected Siguler Guff & Company over Brooke Private Equity Advisors yesterday.
Commitments with two existing managers total $70 million.
Foundation hired a real estate manager as part of increasing its allocations to real estate and real assets last year.
Revised asset allocation raises private equity and real assets targets for long-term investment pool to take advantage of its long-term investment horizon and add more balance to the portfolio.
Plan will seek infrastructure managers to complement its existing portfolio.
The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.
Plan added commitments totaling roughly $2.7 billion with six existing managers and two new managers in March.