Searches And Hires
The university selected its incumbent investment manager over two other finalists in a search launched in the third quarter.
The plan is seeking one or two separate account managers to establish emerging manager programs for real assets and real estate.
The board will consider hiring a new public markets consultant later this month.
The plan has begun a search seeking passive investment management services.
The plan rehired its incumbent consultant after last conducting a search for the services in 2018.
The firm was also the sole bidder to an RFP issued last summer.
The plan committed $300 million total to two managers this month and was informed of two private equity co-investments.
The plan is looking for a farmland manager to handle $35 million.
The plan made a $25 million re-up with an existing fund at its investment committee meeting this week while also opting to rescind a private debt commitment due to delays in deploying capital.
The plan increased its target allocations to credit and hedge funds last month and recently approved three commitments totaling $125 million.