Plan closed on three private equity commitments totaling up to $88.5 million in May.
The fund is focused on investments at the Series B and C stages.
Plan committed an additional $350 million to its in-state private equity investment program, which was established in 2000.
He will be responsible for strategic growth initiatives focused on business and environmental services.
He is responsible for identifying and evaluating investment opportunities.
Plan’s board committed $130 million to a private equity energy fund and was notified of an additional private equity commitment this week.
Plan’s new 4% target to private equity will help increase its expected return.
Commitment is with a private equity strategy centered around making investments in the North American midstream energy sector.
The university added several venture capital strategies and a buyout private equity fund to its endowment in the first quarter.
The four new firms help make up the plan’s new $5.2 billion fixed-income structure.