Searches And Hires
The fund approved a real estate debt commitment to an existing manager above previous commitment levels in the third quarter.
The fund is considering the addition of two new private equity managers to its trust as part of the buildout of its allocations to alternatives.
The commitments total $850 million to existing relationships.
The fund expects to hear recommendations on adding private credit, venture capital and public fixed-income managers over the next quarter and a half.
The endowment wrapped up its domestic large-cap growth index fund manager search at its board meeting last month by selecting a new firm to handle the mandate.
The foundation has established a target allocation for impact investments after deliberating on the subject since last year, when it invested in an impact fund.
The plan also added two EAFE equity sub-managers to its emerging manager-of-managers portfolio.
The pension plan hired three REIT managers to evenly split a $250 million allocation.
The plan made hires in the two searches at a Nov. 15 special board meeting.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.