Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.
Commitments with two existing managers total $70 million.
Foundation hired a real estate manager as part of increasing its allocations to real estate and real assets last year.
Revised asset allocation raises private equity and real assets targets for long-term investment pool to take advantage of its long-term investment horizon and add more balance to the portfolio.
Plan will seek infrastructure managers to complement its existing portfolio.
The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.
Plan approved the search and canceled its investment in a new opportunistic credit manager yesterday.
Plan committed up to $130 million to two funds this week.
The plan also made several adjustments to its traditional growth portfolio at its meeting last week.
Plan committed $50 million to a new core-plus real estate manager this month.