Endowments

University of Chicago has implemented a cost-cutting program that includes eliminating staff positions to help shore up its financial position.

Private markets investments will take 'twice as much effort' to generate returns similar to those seen over the past 15 years, says Texas Municipal Retirement System CIO Yup Kim.

With some of US’s largest private equity allocators set to publish their FY 2025 returns, early reports paint a curious but hopeful picture of the investment landscape.

The fund has increased its secondaries budget to capture opportunities arising from market uncertainty, private equity head Yasuyuki Tomita tells PEI.

Foundations, particularly large private organizations with more PE and VC in portfolios, show mixed results in a new survey by Commonfund OCIO’s research division.

Another US endowment is proving that federal funding pressures don't have to result in private equity allocation cuts. Plus: Malaysia's sovereign wealth fund learns its lesson from an unfortunate venture investment. Here's today's brief, for our valued subscribers only.

If you're reading this from the UK, we hope you enjoyed the long weekend. In today's brief, the Australian government is rethinking an LP performance test that could unlock billions for private markets; and a US foundation is going against the grain. For our valued subscribers only.

Staff at Texas endowment with $60bn in AUM ‘likely to recommend’ higher target after steadily building to 20% exposure for private equity.

University of Nebraska Foundation’s endowment is adding PE and other private assets in a challenged market, but it is cautious about accessing new managers and secondary valuations amid a larger LP pull-back.

The Children’s Medical Center Foundation is leaning into emerging managers and secondaries as it quickly ramps up its exposure, seeking to boost returns in order to hit its funding goals for the hospital project.