UMich approves $88m in commitments

The US endowment has backed a Western Europe and a North America focused fund.

Institution: University of Michigan
Headquarters: Ann Arbor, United States
AUM: $12.10bn
Allocation to alternatives: 48.70%
Bitesize: $10-50m

University of Michigan has announced commitments of $30 million to White Rock Oil and Gas Partners III and $58 million to Altor Fund V.

The $12.10 billion US endowment has a 48.70 percent asset allocation to alternative investments of which 28.90 percent is currently allocated to private equity investments.

As illustrated in the charts below, UMich has made eight commitments to private equity funds in 2019, which combined constitute $337 million.

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