Institution: University of Michigan
Headquarters: Ann Arbor, United States
Allocation to alternatives: 57.20%
The University of Michigan has announced a commitment of $50 million to Related Real Estate Fund III, according to the endowment’s May meeting packet.
The US endowment has a 57.20 percent allocation to alternative investments of which 11.80 percent is dedicated to real estate.
As illustrated below, UMich’s five recent commitments to private real estate were made to value-add and opportunity funds.
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