The pension fund approved a non-core infrastructure commitment at an investment meeting this week.
The pension plan added $79 million in commitments this week.
The foundation added public equity and real assets managers to its approximately $1.1 billion investment portfolio over the course of the last fiscal year.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
The pension plan approved $435 million in alternatives commitments at its board meeting last week.
The search is open to general and private markets consultants.
The plan will target $750 million with up to 11 funds next year.
The university reupped with existing real assets and private equity managers within endowment fund in the first half of the year.
The plan is seeking non-discretionary investment consulting services for its more than $500 million alternatives portfolio.
The retirement system will also receive private markets pacing schedules this week.