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The commitments total $850 million to existing relationships.
The consulting firm elected six new partners and promoted five new principals.
Firm added five managing directors to bolster its global distribution team.
The firm will be tasked with conducting a third-party administrator search.
The plan also approved liquidating its sole emerging market debt manager at a meeting today.
The fund expects to hear recommendations on adding private credit, venture capital and public fixed-income managers over the next quarter and a half.
The endowment wrapped up its domestic large-cap growth index fund manager search at its board meeting last month by selecting a new firm to handle the mandate.
The foundation has established a target allocation for impact investments after deliberating on the subject since last year, when it invested in an impact fund.
The plan also added two EAFE equity sub-managers to its emerging manager-of-managers portfolio.
Mercer has reached an agreement to acquire Vanguard Institutional Advisory Services’ outsourced cio business, including its more than 1000 clients and 120 team members in the first quarter.