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 foundation is looking to add emerging markets equity and India-focused private equity allocations within its portfolio.
The retirement system’s board also approved up to $250 million across private markets commitments at today’s meeting.
The retirement system conducted a similar search in 2018 that resulted in a manager change.
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.
The new manager replaced an existing firm in the second quarter.
The retirement system also approved a search for a multi-asset credit manager at the end of August.