Cash/Currency
Nonprofit investors and allocators are tempering expectations for their portfolios in 2026 as they prepare for more moderate returns resulting from increased volatility and heightened valuations along with persistent macroeconomic and geopolitical uncertainties.
The university has increased its allocation to a Bitcoin fund in recent months.
The retirement association has concluded an RFP search launched in June.
Artificial intelligence investments and digital assets are driving outperformance for large university endowments, which reported fiscal year 2025 returns around 11% or 12% on average.
The crypto index is designed to track a wide range of companies and digital assets connected to the crypto ecosystem, combining cryptocurrencies and publicly traded crypto-linked equities into one index.
The university has invested nearly $5 million in a bitcoin exchange traded fund, for which it has sole voting authority.
The university has partnered with a bitcoin native financial services company to launch the first long-term endowment fund held in bitcoin.
The internal investment pilot is part of the board’s efforts to enhance investment outcomes.
The fund is slated to receive a cryptocurrency education presentation from an asset manager at this week’s board meeting.
The university has allocated approximately $15 million to a passive strategy that invests in the Bitcoin digital asset.