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University Endowments
Endowments with long horizons and high PE allocations.
LP & Institutional CapitalInvestor typeGlobal
Target market
Venture, growth and buyout funds globally
Geography
Global
Overview
University endowments were early adopters of private equity and often carry among the highest allocations to private markets of any investor class. Their long time horizons and permanent capital make them natural backers of illiquid, long-lived funds.
Key facts
- Pioneered the endowment model of heavy private-markets exposure
- Long horizons suit illiquid fund structures
- Value access to top-tier venture and buyout managers
- Examples include Yale, Harvard and Stanford endowments