Equity
The university also made redemptions from domestic and emerging markets equity managers.
The plan will fund the hires by terminating three existing firms.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The plan will also receive an international equity manager search report next month.
The search is to potentially augment or replace existing portfolio allocations.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The plan also removed a firm from watch status due to improved performance.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
The defined contribution plan replaced its international large-cap value equity manager, which had been on watch, in the second quarter.
The retirement system also made a venture capital commitment last month.