University of Kentucky, Lexington, made two new commitments totaling $15 million for its $1.6 billion endowment, said Todd D. Shupp, chief investment officer.
The university's investment staff committed $10 million to middle-market buyout fund Staple Street Capital III and $5 million to buyout fund Carousel Capital Partners VI, Mr. Shupp said.
As of Oct. 31, the endowment's actual allocation to private equity was 19.2%.
