Plan selected a domestic small- to mid-cap equity emerging manager this week.
The plan bolstered its private equity portfolio with the approval of a commitment at today’s meeting.
The two private equity commitments were made for pacing purposes.
A university based in the Midwest has adjusted its endowment asset allocation targets.
A university in New England approved venture capital and venture capital fund-of-funds commitments within its endowment last month.
A Texas plan has disclosed a $100 million private equity commitment.
Plan will conduct a search for high-yield fixed-income managers due to impending contract expirations and hired a new general investment consultant.
The plan selected two finalists to interview in its private equity fund-of-funds search next month.
One will will lead the firm’s efforts to develop and nurture key relationships with intermediary, independent sponsor and executive audiences and the other will source investment opportunities, develop investment themes and execute transactions.
The division will manage $500 million in assets initially.