The plan made three commitments in closed session at this week’s board meeting.
A university foundation based in the Midwest added private equity, private credit and real assets commitments to its long-term endowment pool at its board meeting last month.
The plan will soon issue a new RFP after COVID disrupted last year’s search.
The plan made five commitments in closed session and added a senior portfolio manager.
A Northwestern fund made commitments totaling roughly $1 billion.
The plan made a $20 million infrastructure commitment after finalist interviews at today’s meeting.
Plans are seeking an international core equity manager to replace an incumbent terminated at last week’s meetings.
The plan will look to commit up to $525 million to private equity and up to $600 million to real assets in 2022.
The plan will conduct three manager searches in the next three to six months.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.