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A university based in the Midwest has adopted a new policy for its general pool that adds new asset classes as allowable investments.

A university based in a Southern state has added two alternative investments to its approximately $2.3 billion portfolio.

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The plan hired two infrastructure managers at its board meeting last week after divesting from a real estate fund in May.

The plan eliminated its short-duration fixed-income and TIPS allocations through manager terminations approved last month.

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Pedro Guazo will join the firm after serving as ceo for the United Nations Joint Staff Pension Fund’s office of investment management.

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The pension plan made commitments totaling $110 million last week.