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The fund approved issuing RFPs for infrastructure strategies and private equity strategies in December at its November board meeting.
The largest university and college endowments experienced double-digit gains in two consecutive years drive by a return to long-term trends like large private equity allocations.
The investment program was created earlier this year to provide state entities with funds for opportunities to invest in private equity funds, venture capital, growth funds and direct investments in companies based in the state.
The seminary hired a cfo to oversee its fiscal planning, financial management and budget development after its previous finance head left last year to serve as a nonprofit management consultant.
The university also liquidated fixed-income and equity strategies to fund endowment spending and university advancement payouts.
The university has increased its allocation to a Bitcoin fund in recent months.
The strategy recently closed above its $250 million to $275 million target fundraise after receiving commitments from 180 investors.
A senior consultant at NEPC left the firm last month to join a Chicago-based investment advisory firm as partner and director of institutional advisory.
The head of investment products will lead strategy and development of the wealth and investment management business’ investment offerings beginning Jan. 1.
The private equity manager closed its latest private equity fund focused on power plants and related assets at its hard cap with more than $1 billion in commitments.