The plan will move the assets with the state investment trust.
The retirement fund also adopted a new asset allocation to take advantage of higher interest rates.
The fund will conduct a search for investment consultants next year after extending the contracts of its incumbent providers at its March board meeting.
The plan will see its overall private markets target increase to 40% from 33%.
The pension plan approved new structures for its infrastructure, non-U.S. equity and real estate portfolios last week.
The plan is also scheduled to request an emerging markets equity manager search in the coming months.
The university will review its asset allocation during an upcoming board meeting after pausing its plans to build out its private debt allocation.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The plan recently considered increasing its fixed-income target as part of an asset allocation study.
The plan also added a maiden global equity allocation target.