UNLOCK THE POWER OF THE VAULT

University of California endowment doubles private equity in new asset allocation

March 21, 2017

University of California endowment doubles private equity in new asset allocation

March 15, 2017 | by MEAGHAN KILROY | Pensions & Investments 

University of California Board of Regents’ investment subcommittee approved on Tuesday changes to the long-term target asset allocation of its $10.3 billion endowment, which included a significant increase to private equity and reduction to public equity.

The new targets are 25% absolute return (vs. 23% previously), 22.5% private equity (vs. 11.5%), 15.7% public equity (21%), 11% non-U.S. equity (14%) and 3.3% emerging markets equity (7.5%).

Additionally, real assets and real estate will be consolidated into a single portfolio called real assets, with an overall target of 12.5% vs. real estate and real assets’ previous individual targets of 7.5% and 3%, respectively.

Read Full Article Here

Go Back
Second Annual Blue Vault Broker Dealer Educational Summit 2016
2016 Broker Dealer Educational Summit 2016
May 30, 2016

Best Due Diligence meeting in the industry. No sales pitches, senior level decision makers, meaningful discussions and the Broker Dealer networking sessions were especially useful. Thanks to Blue Vault for raising the bar!