Kansas State University Foundation, Manhattan, might increase its exposure to "inflation-based investments," including natural resources and commodity-based strategies, said David Weaver, vice president-real estate and investments. The $185 million endowment will begin an informal asset allocation review in August, Mr. Weaver said. Investment committee members have discussed "tweaking" the current asset allocation of 33% domestic equity, 29% alternatives, 15% fixed income, 14% international equity and 9% "inflation hedges" including real estate and timber. No timetable has been set for completing the review. Cambridge Associates will assist.