The plan disclosed three private equity commitments with existing managers today.
The plan has begun its high-yield fixed-income manager search
The university based in the Midwest is looking at real estate, private equity and venture capital investments.
The plan will issue five RFPs this year, beginning with high-yield fixed-income this week.
The plan made recent private equity, venture capital and real assets commitments.
A Northwestern fund made commitments totaling $950 million.
The plan concluded its emerging private equity fund-of-funds manager search and made commitments totaling $925 million in closed session at last week’s board meeting.
The firm’s five-person team will join Wellington on March 1.
The commitments include three new managers.
The plan disclosed recent commitments with four existing managers and one new manager at its board meeting today.