University of Iowa Foundation, Iowa City, is conducting an asset allocation study, including considering its first international equity and domestic midcap equity investments. The foundation could decide on a new asset allocation this summer, although no specific timetable has been set. The $400 million fund’s current allocation is 60% active domestic equities, 10% passive domestic equities, 20% fixed income and 10% alternatives, including distressed debt and private equity.
Fund Evaluation Group is assisting.
