Asset Study/Review

The institution increased its allocation to venture capital and domestic equity allocations last week through target reductions to diversifying investments, international developed equity and emerging markets equity.

The university is conducting a further review of 18 diverse firms after meeting with 100 managers across public and private asset classes in the first half of 2022 as it looks to invest at least $2 billion with diverse investment firms.

The institution made the bevy of commitments with existing managers within its long-term portfolio between October and January.

The plan approved new credit, venture capital and real estate commitments as well as several changes to its target asset allocation last week.

New policy increases the plan’s targets to private assets.

College will phase out its indirect investments in fossil fuels, including real assets funds related to oil and gas extraction, with the goal of completing liquidation of the funds by 2033.