Wesleyan University , Middletown, Conn., will conduct a shortlist...

Wesleyan University, Middletown, Conn., will conduct a shortlist search for an active emerging markets equity manager to run an undetermined amount for the $525 million endowment, said Thomas P. Kannam, chief investment officer. Funding will come from reducing the allocation to domestic equity, but further details have not been determined, he said. The search will conclude by September. The fund’s asset allocation is 80% equity, 20% fixed income.