Asset Study/Review
The fund will consider approving a new strategic asset allocation for its portfolio as well as review the cost and benefits of hedging the fund’s oil and gas revenues as requested earlier this year.
The university will remove investments in energy companies with high carbon emissions and seek out and support investments in technologies that accelerate the transition to a carbon-free energy future.
Plan will take a deep dive of the international equity space for potential options after placing a EAFE value firm on watch today.
Innovation portfolio will house investments in emerging asset types that are innovative and/or disruptive and have no clear categorization.
The university is planning to conduct a strategic asset allocation study later this year after it terminated a global bond mandate and reallocated the funds to short-term bond and growth equity funds this month.
Institution’s newly approved endowment asset allocation increases its target to private equity at the expense of hedge funds.
Plan made asset allocation changes in an effort to move closer to its long-term policy and disclosed four commitments today.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
New strategic asset allocation approved last week increases targets to private equity and non-core fixed-income, including high-yield bonds and bank loans.
The plan is allowed to invest up to 7.5% of total assets into the new asset class.
