Real Assets
Plan also expects to receive an international value equity manager search update form its consultant later this month.
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.
The plan established a 2% allocation to the asset class earlier this year.
The plan will discuss potential real estate and infrastructure allocations at its August board meeting after opting to redeem from its core real estate manager yesterday.
The plan made commitments totaling up to $321.4 million this week and was informed of a private equity co-investment.
The strategic plan calls for committing $300 million to the asset class.
The plan approved commitments to two existing managers.
The endowment added growth equity, buyout and natural resources commitments in March.
The search stems from the addition of a new 5% target to the asset class established earlier this year.
The plan made follow-on commitments totaling $925 million.
