Real Assets

A university in the South revised the target asset allocation for its endowment last month, increasing its allocations to private markets and real assets.

The plan approved a new 3% target to infrastructure following an education from its general investment consultant.

The plan will look to identify potential diversification opportunities outside core real estate to increase its expected return.

The plan added a private equity commitment with an existing manager and two real assets commitments with a new manager last week.

The plan hired a core infrastructure manager to move closer to its 3% infrastructure and natural resources target.

The trust fund will consider active management for U.S. small-cap and international developed markets equities.