The plan will interview three co-investment finalists next month for an up to $10 million mandate.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
He will spearhead efforts to design and deliver products and solutions for alternatives.
The university’s senior alternative assets manager retired in April after more than 14 years in the role.
Plan staff is seeking board approval of direct lending and core-plus real estate commitments this week.
The plan is allowed to invest up to 7.5% of total assets into the new asset class.
Commitments to private credit and private equity made at today’s board meeting total $60 million.
The institution will review the asset allocation for its endowment this week and consider increasing its private equity target.
Commitments to two existing managers totaled $80 million.
Plan added up to $1.6 billion in private equity and real estate commitments and disclosed a new private equity investment officer hire.
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