The strategic plan calls for committing $300 million to the asset class.
The plan approved commitments to two existing managers.
The endowment added growth equity, buyout and natural resources commitments in March.
The search stems from the addition of a new 5% target to the asset class established earlier this year.
The plan made follow-on commitments totaling $925 million.
The plan approved an infrastructure commitment at its investment committee meeting this week.
The plan hired a firm to handle its maiden commodities allocation and committed to an existing private equity manager yesterday.
The Northeast-based firm closed its second fund with $850 million in commitments, above its initial target, from a broad range of institutional investors.
An impact fund targeting local Black communities has garnered an initial $400 million investment.
The plan approved a pair of commitments at today’s board meeting.