The plan will interview two firms next month to handle nearly $200 million.
The plan disclosed various recent private markets commitments at its board meeting today.
The search is for pacing purposes and is seeking manager to handle $100 million.
The plan disclosed three private equity commitments and one real assets commitment.
The plan committed $60 million total to two existing managers this month.
The fund will invest in a mix of lower middle market buyout funds and co-investments.
The new managing director will lead business development for the firm’s strategic growth fund.
The plan terminated an emerging market debt firm as well as an emerging markets equity relationship within its emerging manager program last month.
The university approved adding a passive domestic large-cap value strategy to provide a more balanced approach to its equity portfolio and its first private debt manager as it looks to build out its allocation to the asset class.
The plan committed $130 million total to four existing managers and one new manager in June.