Asset Study/Review
The university is looking to divest direct and indirect fossil fuel investments and reinvest in clean energy solutions.
The university is considering adding a portable alpha allocation within one of its investment pools to diversify return exposures.
The plan committed $12 million total to its new private equity and private credit asset classes.
The diversity of the university’s endowment remains static year-over-year despite the addition of five new U.S.-based managers and the elimination of two other firms, according to a new report.
The plan added a 2% maiden target following an asset/liability study last month.
The plan will also eliminate its long/short equity portfolio.
The plan increased its private credit target and added a commitment within the non-core fixed-income portfolio yesterday.
The plan is in the process of filling its 5% private credit target and conducting a real estate portfolio structure review.
The religious institution adjusted the targets for its investment fund and socially responsible investment fund.
A plan based on the West Coast is consideration the addition of active equity managers as part of shift in portfolio structure.