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The firm has completed fundraising for its fifth debt strategies fund, raising $2.15 billion in equity commitments.
The plan voted to retain its incumbent investment advisor at a meeting last month.
The retirement fund made four private equity commitments totaling $10 million in the second quarter.
The pension plan issued an RFP in April due to its incumbent’s contract expiration.
One discretionary advisor sees an imperative need for in-person interaction at foundations and endowments to successfully advance mission-oriented objectives, particularly amid changing board demographics.
The plan added commitments with two new hedge fund managers and two existing real estate managers this summer.
The university is considering selling a portion of its private equity portfolio as it looks to reposition its endowment under its new investment head, who began in the role last year.
The manager will help oversee investment accounting, provide tax-related duties and maintain performance data.
The university also made redemptions from domestic and emerging markets equity managers.
Some endowments and foundations are looking to emerging market debt, multi-asset credit and long-term bonds as a way to diversify their portfolios while also capitalizing on the macrotrends leading to a weaker greenback.