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The plan will issue an RFP for non-discretionary and discretionary services in January.
The plan is searching potential replacement for its current domestic large-cap growth equity manager.
The search follows a recent portfolio manager departure from its incumbent manager.
The deal will create a new private capital platform with more than $60 billion in combined committed capital.
Pacific Asset Management will be renamed Aristotle Pacific Capital.
Bradley Dyslin will take over the role next year from Eric Kirsch, who is retiring.
The plan will first issue the fixed-income and private equity RFPs in the next two months.
The bill would require colleges and universities to disclose information about investments with diverse managers annually.
The foundation has added a private equity strategy and an active global equity fund as part of its commitment to achieve net-zero carbon emissions across its endowment.
