The system approved a private equity commitment to an existing manager focused on enterprise software and information technology within its endowment last month.
The university approved adding a currency overlay manager and a venture capital strategy to its long-term portfolio last week.
The institution approved venture capital commitments to a firm that marks a new relationship and terminated a hedge fund manager for liquidity purposes and being overweight its targets to the strategies.
The foundation is searching for an investment officer after hiring a managing director of investments to oversee its endowment in the fourth quarter.
The fund decided not to take any watchlist action on one of its fixed-income managers despite the announced retirements of three senior members at the firm.
The fund removed a multi-asset class manager from watch as concerns surrounding organizational changes have subsided, while two firms saw their own watch status extended through February 2024.
The university will consider adding a currency overlay manager to take active positions in currencies and a venture capital strategy this week after increasing its target to the asset class in late 2022.
The firm hired a director to serve as a senior member of its manager research group with a focus on private equity investments.
The university will consider committing $10 million across three underlying funds with a venture capital manager and fully terminating its investment with a hedge fund manager for diversification purposes.
The firm has acquired a New England-based investment advisor and wealth management firm that has more than $500 million in assets.