Asset Study/Review
The university will review its asset allocation during an upcoming board meeting after pausing its plans to build out its private debt allocation.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The plan recently considered increasing its fixed-income target as part of an asset allocation study.
The plan also added a maiden global equity allocation target.
The plan also expects to issue a general investment consultant RFI this year.
The endowment has committed to aligning its $4 billion in assets under management with its mission and values and is developing a new impact framework to guide its investment decisions.
The university will consider approving an impact investment policy statement and investing 0% to 25% of its portfolio in impact investments as part of the policy this week.
The pacing plan and target allocation changes were recommended as part of an annual real estate program review.
The termination results from a new asset allocation.
The fund approved a strategic new asset allocation that included a maiden target to private credit and increases to its allocations to private equity, bank loans, natural resources, infrastructure and cash at its board meeting last week.
