The $12 billion endowment of the University of Michigan continues to place capital across its alternative investment portfolios with recently announced allocations across its absolute return, venture capital and private equity portfolios.
A total of roughly $85 million was committed earlier in the year to absolute return strategies, while $60 million in venture capital commitments were made and a $25 million commitment was approved to an Asia private equity offering.
The details of the investments were disclosed during the university trustees’ September meeting.
Within the $2.9 billion absolute return portfolio a total . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
