UMich approves $50m commitment

The US public pension 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 $50 million to Five Point Energy Fund 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 two commitments to infrastructure funds in the last four months, which combined constitute $80 million.

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