The plan committed to new funds with two existing managers.
The plan’s incumbent consultant was first hired in 2015.
The plan recently terminated its risk premia manager due to investment process and performance concerns.
Plan intends to issue an RFP to seven to 10 firms in June after narrowing the universe to 15 potential candidates through screening.
The plan committed up to $600 million to a new real assets manager this week and was informed of three co-investments.
The plan replaced its passive TIPS mandate with BlackRock and committed to a new credit manager last month.
The plan increased its fixed-rate debt target by reducing its public equity target last month.
The fund added a global real estate strategy and passive international equity strategy with a New England-based firm to its roster of underlying funds to add more yield and reduce overall fees.
The university added a passive, long-term fixed-income strategy within its endowment in the fourth quarter in response to the rise in bond rates.
The plan recently committed approximately $2.2 billion total to nine funds.