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UMich approves $126.4m in commitments

The Endowment has backed three North America focused funds, one Western Europe focused fund and one fund focused in both North America and Western Europe.

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University of Michigan announced commitments of $25 million to Berkshire IX Co-investment, $50 million to Kayne Anderson Energy Fund VIII, $33.9 million to Summa Co-Investment, $2.49 million to Sequoia Capital U.S. Scout Fund lll and $15 million to AH Bio Fund II.

The $11.8 billion US Endowment has a 28.6 percent current allocation to private equity.

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