Institution: University of Michigan
Headquarters: Ann Arbor, United States
Allocation to alternatives: 57.20%
The University of Michigan has announced a commitment of $25 million to Orion Mine Finance Fund III and a $25 million commitment to Orion Mine Finance Co-Fund III, according to the endowment’s May meeting packet.
The US endowment has a 57.2 percent allocation to alternative investments.
As illustrated below, UMich’s nine most recent private equity commitments have been to mezzanine debt, venture capital and buyout funds.
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