The plan made a venture capital fund-of-funds commitment with a new manager last week.
Institution is evaluating portable alpha and late-stage private investments for its endowment to add alpha to bolster returns.
A foundation based in a Western state has added a bitcoin and a VC investment.
A university based in New England added private equity and hedge fund strategies to its endowment in the first quarter.
The plan has restructured its core fixed-income portfolio as a result of the search.
The fund targets equity investments in technology, industrial and healthcare businesses.
Investments are part of the fund’s pacing plan to increase its private equity and private credit allocations over the next several years.
Firm is looking to partner with middle market private companies to deliver long-term sustainable growth.
The firm has also introduced a new private equity investment platform for institutional investors.
The two will assist with deal diligence and execution, the firm said.