Real Estate
The plan has issued RFPs seeking core infrastructure and core real estate funds.
The plan is considering adding core and core-plus fixed-income managers to its portfolio.
The plan also eliminated its 20% covered calls and 2.5% REITs targets.
The commitments include a new manager relationship and a follow-on.
The plan will also receive a recommendation to renew its general investment consultant contract through 2029 this week.
The plan made three commitments with existing manager relationships.
The search for core and core-plus managers is being recommended as part of a 2024 pacing plan.
The plan launched a search last year to replace its underperforming incumbent.
The firm, which focuses on property-backed investments, has closed its seventh flagship fund above its target fundraise with 27% of all capital coming from nonprofits.
The university disclosed follow-on credit, infrastructure and real estate commitments made between October and April within its long-term portfolio.