Plan added venture capital commitments totaling $265.7 million within its private equity portfolio last week.
The plan rehired its outsourced cio, which will target additional real estate and private equity investments this year.
The fund began its investment period in November.
The plan hired a value-add real estate manager to move closer to its 7% real estate target.
The new allocation range equates to $2.7 billion to $3.3 billion to private equity this year.
He will leave his current position on Oct. 1.
The fund closed with over $4.8 billion in commitments.
The plan approved a total of up to $25 million to two funds at its board meeting today.
The plan is looking to invest $600 million in non-core and core real estate managers.
The plan approved a pair of private equity commitments with existing managers and 2022 pacing plans yesterday.