Asset Study/Review
The plan’s investment consultant will continue to monitor the strategy’s short- and long-term performance.
The college is preparing to significantly increase its endowment to $750 million with a matching gift from an anonymous donor.
The plan will receive a private equity pacing model in February.
The plan approved eliminating its global asset allocation target at a meeting today.
The university has divested its endowment from direct investments in fossil fuel companies and has set a more ambitious target for reducing its carbon footprint after reaching its initial target almost a decade ahead of schedule.
The fund added the domestic small-cap equity manager to its watchlist this summer due to underperformance and will review the firm next year.
The plan will issue a general investment consultant RFP due to an upcoming contract expiration and conduct an asset allocation study to consider eliminating its risk parity asset allocation.
The plan disclosed several new commitments and is nearing a decision on a new asset allocation.
The foundation is considering a maiden alternatives allocation within its portfolio and weighing the addition of hedge fund, infrastructure and private debt investments to fund the allocation.
The plan will consider committing to an existing opportunistic real estate manager at today’s board meeting.