Equity
The retirement system also made a venture capital commitment last month.
The retirement system also replaced two underperforming equity managers in the second quarter.
The university has added buyout and growth equity commitments as well as active equity and intermediate treasury investments since June.
The foundation is looking to add emerging markets equity and India-focused private equity allocations within its portfolio.
The university recently revised the target asset allocation for its long-term reserves portfolio, increasing its allocations to domestic and international equity.
The retirement system’s board also approved up to $250 million across private markets commitments at today’s meeting.
The search is being conducted due to the closure of one of the retirement system’s investments.
The retirement system also recently made two private markets commitments.
The retirement system will also look to commit up to $250 million across private markets commitments.
The retirement fund also hired an emerging markets equity manager last week.