Private Equity

The search is being conducted because the plan is underallocated to the asset class.

The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.

A university in the South approved commitments to private equity and real estate funds within its endowment and changes to the public equity and fixed-income managers within its endowment and operating pools at its investment committee meeting last week.

The plan hired a firm that will help build a direct hedge fund portfolio.

He will manage relationships with existing investors and attract new investors and coordinate strategic business development.

The plan named four contenders for its emerging markets equity search and concluded its non-U.S. small-cap search.