Coe College, Cedar Rapids, Iowa, is conducting an asset allocation study to determine whether to add alternatives as an asset class, said Ted Disabato, managing director at consultant Disabato Associates, which is assisting. The current targets for the $30 million endowment are 60% equities and 40% fixed income. Fund officials have not decided how the allocation would be funded, said Mr. Disabato.
The study should be complete by the end of July, he said.