Real Assets
The plans placed Wellington Management Company on watch this week due to the upcoming retirement of a partner and equity research analyst.
The university increased its targets to public equity and private real assets to reduce portfolio complexity and take advantage of higher interest rates.
The plan also named a new manager at a board meeting earlier this year.
The plan agreed to extend a relationship with RVK that dates to 2006.
Plan also expects to receive an international value equity manager search update form its consultant later this month.
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.
The plan established a 2% allocation to the asset class earlier this year.
The plan will discuss potential real estate and infrastructure allocations at its August board meeting after opting to redeem from its core real estate manager yesterday.
The plan made commitments totaling up to $321.4 million this week and was informed of a private equity co-investment.
The strategic plan calls for committing $300 million to the asset class.