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The university fully liquidated a hedge fund investment within its endowment in the fourth quarter and reinvested the proceeds in a money market fund.
The firm added a head of portfolio solutions to strengthen its leadership in alternatives research and advise on its product for the wealth management channel.
The institution approved new hedge fund, private equity and venture capital commitments in the fourth quarter.
The institution revised its strategic asset allocation last year, increasing its allocation toward growth assets like public equity and private equity.
The foundation has issued an RFP seeking a firm to provide endowment management and gift administration services for its portfolio.
The foundation has issued an RFP seeking firms to manage and advise on its funds and investments as well as help with the development of an investment policy.
The fund closed at its hard cap of $2.15 billion.
The pension plan expects to conclude the search at its June 12 board of investments meeting.