Michigan endowment allocates another $110 million in targeted alts
The $14.1 billion endowment portfolio of the University of Michigan in Ann Arbor continues to grow its exposure to a variety of niche alternative investment strategies and managers.
New commitments were made to MDH Partners’ MDH Fund II ($20 million) and Kedaara Capital Advisors’ Kedaara Capital III ($50 million).
MDH is an Atlanta-based manager that invests in industrial warehouse and distribution properties located primarily within the Southeast and Southwest U.S. and in Texas. Founded in 2005, the firm specializes in acquiring, developing and managing industrial and logistics real estate. Endowment officials in . . .
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