{"id":13091,"date":"2017-03-21T13:27:57","date_gmt":"2017-03-21T17:27:57","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=13091"},"modified":"2017-03-21T13:27:57","modified_gmt":"2017-03-21T17:27:57","slug":"university-of-california-endowment-doubles-private-equity-in-new-asset-allocation","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/university-of-california-endowment-doubles-private-equity-in-new-asset-allocation\/","title":{"rendered":"University of California endowment doubles private equity in new asset allocation"},"content":{"rendered":"
March 15, 2017 | by\u00a0MEAGHAN KILROY<\/a>\u00a0| Pensions & Investments\u00a0<\/p>\n University of California<\/a> Board of Regents’ investment subcommittee approved on Tuesday changes to the long-term target asset allocation of its $10.3 billion endowment, which included a significant increase to private equity and reduction to public equity.<\/p>\n The new targets are 25% absolute return (vs. 23% previously), 22.5% private equity (vs. 11.5%), 15.7% public equity (21%), 11% non-U.S. equity (14%) and 3.3% emerging markets equity (7.5%).<\/p>\n Additionally, real assets and real estate will be consolidated into a single portfolio called real assets, with an overall target of 12.5% vs. real estate and real assets’ previous individual targets of 7.5% and 3%, respectively.<\/p>\n<\/p>\n