University of Dayton, Dayton, Ohio, committed $7.5 million each to Heitman Value Partners, a real estate limited partnership, and to AEW Value Investors, a REIT, said Delanie Moler, investment officer. Funding will come from rebalancing domestic equities, Ms. Moler said. The $450 million long-term investment pool, which includes a $301 million endowment, added a new 6% real estate target following an asset allocation study completed earlier this year, she said. The new allocation is 73% equity, 15% fixed income, 6% private equity-venture capital and 6% real estate. The previous allocation was 80% equity, 15% fixed income, 4% private equity-venture capital and 1% cash. DeMarche Associates assisted.