Private Equity

A university in the South approved commitments to private equity and real estate funds within its endowment and changes to the public equity and fixed-income managers within its endowment and operating pools at its investment committee meeting last week.

The plan hired a firm that will help build a direct hedge fund portfolio.

He will manage relationships with existing investors and attract new investors and coordinate strategic business development.

The plan named four contenders for its emerging markets equity search and concluded its non-U.S. small-cap search.

The new hire is primarily focused on the firm’s investment activities in the consumer products sector, with an emphasis on natural and organic food and beverage and personal care companies.

An Eastern state plan made two commitments at its private equity committee meeting last month.