The foundation is looking to add more private equity, real assets, special situation and impact-focused investments this year.
ASC Co-Founder Charles E. “Ted” Herget Jr. died on March 2.
Firm has expanded its team with the hire of Ana Goizueta as head of investor relations and marketing.
The plan approved criteria for its short-duration fixed-income manager search and made an opportunistic real estate commitment for pacing purposes last week.
Christopher Levell retired this month after more than 18 years at the firm.
The professional began in his new position last month.
The firm had been on watch for underperformance since the summer.
The new policy will help the plan achieve its 6.5% assumed rate of return over the next 10 years.
The plan will issue an RFP later this year after working with its incumbent since 2011.
The analyst will report to Director of Private Equity Allen Waldrop.