UMich approves $30m commitment

The US endowment has backed a North America focused fund.

Institution: University of Michigan
Headquarters: Ann Arbor, United States
AUM: $12.10bn
Allocation to alternatives: 48.70%
Bitesize: $10-50m

University of Michigan has announced a commitment of $30 million to White Rock Oil and Gas Partners III.

The $12.10 billion US endowment has a 48.70 percent asset allocation to alternative investments, of which 9.50 percent is currently allocated to infrastructure investments.

As illustrated in the charts below, UMich has made three commitments to infrastructure funds in the last ten months, which combined constitute $97 million.

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