Investment Office

Policy Asset Allocation

The Endowment’s Asset Allocation Policy (“Asset Allocation”) reflects the college’s strategic goals, investment objectives, and risk considerations. Asset Allocation will be reviewed annually or more frequently if conditions warrant.

  Target Minimum Maximum
Cash 5.0% -10.0% 20.0%
Fixed Income 0.0% -10.0% 20.0%
Developed Markets Equity 27.0% 10.0% 50.0%
Emerging Markets Equity 6.0% 0.0% 15.0%
Hedge Funds 25.0% 15.0% 40.0%
Private Equity 15.0% 10.0% 25.0%
Venture Capital 17.0% 10.0% 25.0%
Real Assets 5.0% 0.0% 15.0%