The university added real estate and venture capital commitments as it continues deliberations concerning fossil fuel divestment.
The plan’s consultant said there are additional strategies it might consider for diversification purposes.
The plan made a value-add real estate commitment for pacing purposes at yesterday’s board meeting.
He joins the firm from EQT Exeter.
The plan made additional commitments to existing managers at its meeting last week.
The plan terminated a manager after discussions held in closed session last month.
The plan approved four private equity and real estate commitments at today’s board meeting.
Plan added real estate and real assets commitments totaling $60 million this week.
The plan made two commitments within its real estate portfolio and one commitment within its private credit and income portfolio last week.
Hire will expand the company’s product offerings to include vehicles for real estate equity investments.