Private Equity
The plan committed to the latest funds of two existing manager relationships.
The plan also closed on commitments totaling $1 billion.
The plan made commitments totaling $500 million to three funds and retained its incumbent to advise on its defined contribution plans last week.
The plan will invest $100 million into a private equity fund-of-one over the next five years.
The plan made three follow-on commitments today.
The plan will review an asset allocation peer comparison at its meeting this week.
The plan could look to add private equity as current valuations begin to decline.
The firm announced promotions for several members of its investment team, including a principal being named managing director and two v.p.s being named principals.
The Southern private equity manager has promoted its director of ESG and human capital to head of ESG to lead its ESG processes and initiatives.
The endowment recently made a new private equity commitment with a buyout strategy focused on the technology, healthcare consumer services and retail, financial services and information, content and business services sectors.