Catholic University of America, Washington, is conducting an asset allocation study of its $150 million endowment, said Ralph H. Beaudoin, vice president-finance and treasurer. The endowment may cut back its alternative investments exposure, which is 15% of total assets, Mr. Beaudoin said.
The review will be completed sometime this summer, Mr. Beaudoin said. Changes in the endowments manager lineup could result, he said. Cambridge is assisting.