Albuquerque Community Foundation to increase real estate target allocation

The community foundation is targeting a 15% allocation to the asset class.

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Institution: Albuquerque Community Foundation
Headquarters: Albuquerque, United States
AUM: $88.19 million
Allocation to alternatives: 27.05%

Albuquerque Community Foundation plans to boost its target allocation to private real estate from 13 to 15 percent of its total investment portfolio, according to its June 2020 investment update report.

As illustrated below, the $88.19 million community foundation currently allocates 12.69 percent of its investment portfolio to private real estate. Alternative investments constitute 27.05 percent of the institution’s entire portfolio.

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