Smith College , Northampton, Mass., committed $8 million to the...

Smith College, Northampton, Mass., committed $8 million to the Forestland Group, its first timber investment, said Jay Yoder, director of investments. The $850 million endowment also committed $8 million to TA Associates Realty for a value-added fund. They are the endowment’s first investments in its new asset class of inflation hedges, which is targeted for 10% of total assets. Funding for both commitments will come from rebalancing, Mr. Yoder said.