Institution: University of California Retirement Plan
Headquarters: Oakland, United States
AUM: $70.18 billion
Allocation to alternatives: 22.4%
The institution set its allowable range for private equity to a minimum 7 percent and a maximum of 17 percent, the largest among the private market asset classes. Its real estate asset class, by comparison, has a range from 2 to 12 percent.
As illustrated below, private equity currently makes up 6.4 percent of the system’s total investment portfolio.
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