The new asset allocation increases its equity target by 3%.
The plan made commitments to one new manager and existing managers.
A fund based in a Western state approved a new commitment to a private equity manager as it shifts its portfolio toward illiquid allocations.
A university based on the West Coast is weighing an increase to its private equity target among other changes to its investment policy at its meeting today.
A university foundation in the South has approved venture capital commitments at its investment committee meetings in February and November.
The plan is considering committing $700 million in commitments to five private market firms.
The plan approved a new target asset allocation at its board meeting today.
The plan made two private equity commitments as it looks to commit to 11 total funds.
She was previously a senior advisor at Credit Suisse.
The new partners focus on technology, business services, healthcare and investor relations.
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