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The new asset allocation includes slight increases to several portfolios.
A board of directors at a Southern university has added an investment professional to fill a vacancy.
An asset manager chair will leave a position as fellow at an Ivy League university governing board.
The fund will make pre-seed and seed venture capital investments in sectors like artificial intelligence.
The plan established a 2% allocation to the asset class earlier this year.
The transaction is expected to close in the fourth quarter.
The new hire will report to CIO Sriram Lakshminarayanan.
The private equity firm added a managing director and v.p. to support capital raising across its four investment strategies.
Firm’s new managing director joins after more than a decade at Advent International.