The search is open to North American focused private equity fund-of-funds.
The plan made five commitments with existing manager relationships.
The RFP will be issued on the plan’s website “shortly.”
The fund will consider hedge fund and infrastructure commitments to help reach its target asset allocation at its May 31 board meeting.
The commitments represent new manager relationships for the council.
The commitments include a new manager relationship and a follow-on.
The healthcare technology and tech-enabled services focused firm closed its latest fund with nearly $500 million in commitments.
The plan committed $30 million to an existing private equity manager relationship at today’s board meeting.
The foundation is searching for an investment analyst focused on hedge funds to help its team in sourcing, analyzing and managing hedge fund managers.
The university is looking to grow its private credit allocation to 10% of its overall portfolio following the approval of a new asset allocation.