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The fund received three potential asset allocation mixes from its general investment consultant last month and will further review and potentially adopt a new asset mix at its August board meeting.
The alternatives firm has entered into a definitive agreement to acquire an Asia-focused private equity manager with almost $4 billion in assets under management.
The firm hired a managing director for its buyout strategy to identify, evaluate and lead new investment opportunities.
The institution approved a commitment to an early-stage growth strategy that invests in consumer and consumer technology companies.
The firm has hired a retirement plan consultant to provide not-for-profit and for-profit clients with investment oversight and guidance.
The plan made follow-on commitments and rehired its real estate consultant following an RFI process.
The appointment came after two directors left the college savings plan to join the its program manager as a senior v.p. and v.p.
The fund exceeded its $400 million target and closed above its initial $500 million hard cap.
The retirement plan is seeking a liquid diversifying strategies manager to handle a $30 million allocation.
The firm closed NB Credit Opportunities Fund II with $2.5 billion in commitments.