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The plan will include its two incumbent international value equity managers in a search to review the asset class universe.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.
The plan hired two firms to fill a new allocation to the asset class.
The plans worked with their incumbent since 2009.
The plan hired a new active domestic small- to mid-cap value equity manager after its incumbent closed shop.
New investment officer will help oversee various investment programs, including investment pools, individually managed funds, donor recommended impact investments, following a search from last year.
Smaller endowments should reassess their portfolios to incorporate private equity as opportunities for greater returns arise.
The firm formed a private investment company to source, research, deliver and manage private investments for clients and has named one of its partners to head the entity.