DePaul University, Chicago, may make its first investments in alternatives, said Susan H. Wallace, CFO and vice president for finance. Consultant Mercer Investment Consulting has been educating officials for the $192 million endowment about alternative investments, she said. Fund officials have not established a deadline for making a decision or considered sources of funding, she said.
The fund’s current asset allocation is 65% equity and 35% fixed income.
