Officials at the $675 million Texas Tech University endowment are considering boosting the fund's 25% allocation to hedge funds, said CIO Gary Ratliff. School policy limits the maximum exposure to 30% of total assets.
Mr. Ratliff said any increase would come from trimming the endowment's $140 million domestic equity portfolio or from the endowment's $55 million cash allocation.
It's a possibility for us, but nothing definitive has been decided, Mr. Ratliff said. If we find the right opportunity, then maybe.