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The fund exceeded its hard cap of $1 billion.
The retirement system hired two international equity managers to replace an incumbent that had been on watch since October.
The plan has concluded a private credit manager search that began last summer.
The plan is seeking record keeping, communication and investment services.
Many endowments, foundations and their allocators point to relatively small or medium-size private equity buyout and early-stage venture capital for returns that outpace the public markets, while private real estate, infrastructure, hedge funds and private debt, especially asset-based lending look like strong portfolio diversifiers in this year’s mercurial environment.
The firm recently held the final close of its latest private credit fund, marking its largest private credit vehicle to date.
The foundation is searching for an investment associate for private equity and venture capital to support the management of its buyout, growth equity and venture capital investments.
The firm, which serves nonprofits and other investors, has promoted seven team members into its senior leadership team, including three partners and four managing directors.
The university decided against divesting its portfolios from fossil fuels as the action would conflict with its legal fiduciary duty.
The institution is searching for an investment manager to assist with the day-to-day oversight, management and monitoring of its endowment.