Seattle University will meet next month to discuss possibly increasing its alternative investments exposure to diversify its $115 million endowment, said Denis Ransmeier, vice president of finance. Mr. Ransmeier said he would like to increase the exposure to 15% from 5%, but said 10% is a more realistic goal at this point. Portfolio style is undetermined. Commonfund manages a hedge fund portfolio and Ticonderoga Capital manages a venture capital portfolio for the endowment. Portfolio sizes were not available. No timetable was set for a decision.
Seattle University will meet next month to discuss possibly increasing...
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