Historically black colleges and universities, typically limited by the size of their assets, are looking to gain further access to alternative assets, particularly private equity and venture capital, as they seek to grow their endowments to further their mission as well as capture outsized returns that have swelled higher education institutions’ portfolios, according to investors and allocators.
The firm’s clients include the Winston-Salem Foundation, College Futures Foundation, Choate Rosemary Hall, Rhode Island School of Design, Elon University and Willamette University, among others.