University of Missouri boosts private equity target allocation

The endowment plans to increase its exposure to private equity.

Institution: University of Missouri System Endowment Pool
Headquarters: Columbia, US
AUM: $1.98 billion

University of Missouri System Endowment Pool has approved an increase in its private equity target allocation at its February 2021 board of curators meeting. The endowment plans to raise its private equity allocation from 10 percent to 15 percent.

To facilitate the increase in target allocation to private equity, the endowment plans to reduce its target allocation to both inflation-linked and sovereign bonds.

Thomas Richards is the endowment’s chief investment officer. Its investment consultant is Verus.

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