University of Kentucky increases allocation to private equity

The University has more than trebled its exposure to private equity in the last five years.

Institution: University of Kentucky
Headquarters: Lexington, United States
AUM: $1.40bn
Allocation to alternatives: 17.0%

The University of Kentucky has increased its exposure to private equity from 14.8 percent to 17 percent in the 6 months leading up to 31 December 2018, a contact at the university informed Private Equity International.

The $1.40 billion US endowment tends to focus its private equity investments on multi-regional funds across a range of strategies.

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