The plan terminated an approximately $799 million emerging markets equity mandate and made commitments with four existing managers and one new manager in September.
The plan disclosed an additional investment and two terminations at Friday’s meeting and recently saw the departure of its deputy cio.
The search is to replace an underperforming incumbent manager.
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.
The plan disclosed recent private equity, real assets and private credit commitments made in the last five months.
Plan will seek board approval for international equity and U.S. fixed-income portfolio structures that would see new manager additions this week.
The plan disclosed a recent infrastructure commitment with a new manager.
The selected firm will manage a Russell 1000 Growth Index mandate at least initially.
The foundation added an investment in a global equity strategy focused on environmental sustainability, marking the first institutional investor commitment for the fund.
The termination follows a recent downgrade from the plan’s investment consultant.
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