University of Michigan Endowment
AUM $19B1 contacts
The University of Michigan Endowment holds an investment portfolio of $19.16 billion as of June 30, 2024, spread across publicly traded equities, fixed-income securities, cash, hedge funds, real estate, infrastructure, real assets, natural resources, private equity, and other alternative asset class funds. At June 30, 2024, the private equity portfolio stood at $6.24 billion, or 32.6% of the total portfolio, with $4.3 billion of that allocation in venture capital. This compares with $5.86 billion at June 30, 2023, so the allocation grew. Private equity holdings cover venture capital fund strategies, distressed debt, private growth equity, mezzanine, diversified private equity, fund of funds, private debt, co-investment, and buyouts. Also at June 30, 2024, infrastructure and natural resources holdings totaled $2.44 billion. Mr. Erik Lundberg serves as Chief Investment Officer, and the endowment's investments are governed by its executive management team.
| Investor | Type | Based in | Focus | AUM | Contacts |
|---|---|---|---|---|---|
| Morgan Stanley Investment Management | Fund of Funds | New York | Debt & credit · Core · Co-investment | $1.6T | 1 |
| Blackstone Group - Fund of Funds and Secondary | Fund of Funds | New York | Multifamily · Industrial · Core | $1.1T | 16 |
| New York Life Investment Management | Asset Manager | New York | Multifamily · Industrial · Co-investment | $740B | 5 |
| Brookfield Asset Management | Asset Manager | Toronto, Canada | Multifamily · Industrial · Opportunistic · Joint venture | $690B | 12 |
| KKR | Asset Manager | New York | Multifamily · Industrial · Core · Co-investment | $553B | 11 |
| Ares Management | Asset Manager | Los Angeles | Multifamily · Industrial · Core | $546B | 16 |
Filter the full list by property type, strategy, market and deal format.
