Asset Study/Review

The plan approved new credit, venture capital and real estate commitments as well as several changes to its target asset allocation last week.

New public equity policy targets will help the plan better align with the global marketplace.

College will phase out its indirect investments in fossil fuels, including real assets funds related to oil and gas extraction, with the goal of completing liquidation of the funds by 2033.

The university is planning to divest its portfolios from direct fossil fuel investments by May 31 and indirect fossil fuel investments by 2030.

Revised asset allocation raises private equity and real assets targets for long-term investment pool to take advantage of its long-term investment horizon and add more balance to the portfolio.

The plan is looking to invest $8 million in the asset class for the first time.