University of Kentucky, Lexington, disclosed four new commitments and investments totaling $70 million for its $2.1 billion endowment.
The university's investment staff disclosed an investment of $25 million in Hudson Bay International Fund, a multistrategy hedge fund managed by Hudson Bay Capital Management; and commitments of $15 million each to Blue Delta Capital Fund III, a growth equity fund managed by Blue Delta Capital Partners; Peppertree Capital Fund IX, an infrastructure fund managed by Peppertree Capital Management; and growth equity fund Summit Partners Growth Equity Fund XI-B.
The disclosures were made to the university's investment committee at its Dec. 13 meeting, recently released meeting minutes show.
As of June 30, the actual allocations to global private equity and diversifying strategies were 21.3% and 16%, respectively.
Todd D. Shupp, chief investment officer, could not be immediately reached for further information.
