Institution: University of Michigan
Headquarters: Ann Arbor, United States
Allocation to alternatives: 70.60%
University of Michigan (UMich) has revealed commitments of $50 million each to Abax Asian Structured Private Credit Fund III and Napier Park ELM series III.
The $12.24 billion US endowment has a 70.60 percent allocation to alternative assets. So far in 2019, UMich has committed $100 million to private debt funds.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.