University System of New Hampshire, Durham, added a total of $10 million to three existing managers of its $451 million combined endowment pool, said Erik Gross, associate treasurer of the university system.
Funding for the additional allocations came from cash, Mr. Gross said.
The system added $4 million to a BlackRock iShares MSCI EAFE ETF, giving it $32 million; $3 million to the Weatherlow Offshore Fund I, a hedge fund of funds managed by Evanston Capital Management, giving it $23 million; and $3 million to FPA Crescent Fund, a global asset allocation fund managed by First Pacific Advisors, giving it $20 million.
Investment consultant Prime Buchholz & Associates assisted.