Investment Committee Approves $68M for Private Equity and Real Assets Funds

In a virtual meeting that showcased the University of Alabama System's commitment to strategic financial growth, the Virtual Investment Committee convened to discuss significant investment opportunities on August 14, 2025. The atmosphere was charged with anticipation as committee members prepared to navigate the complexities of fund management and investment strategies.

The meeting kicked off with a comprehensive presentation by Nolan Bean from Fund Evaluation Group, who laid out a series of recommendations for the investment of funds. The focus was on both existing and new managers, highlighting a robust strategy aimed at enhancing the university's pooled endowment fund. Among the proposed investments were substantial allocations to private equity, including up to $20 million in Great Hill Equity Partners 9 LP and $15 million in Menlo Ventures 17 LP. The committee also considered investments in real assets, with a proposed $15 million in Rockland Power Partners 5 LP.

As discussions unfolded, committee member Ron raised a pertinent question regarding the exposure to the UK market, given its current political volatility. Nolan reassured the committee that the UK exposure was minimal, emphasizing that the majority of investments would remain within US jurisdictions. This exchange underscored the committee's diligence in assessing risk while pursuing growth opportunities.

After a thorough review of the agenda, the committee moved to collectively consider the proposed resolutions. With a motion and a second in place, the members swiftly voted in favor of the recommendations, signaling a unified commitment to advancing the university's financial objectives.

As the meeting concluded, the committee members expressed their gratitude for the collaborative effort, leaving with a sense of accomplishment and a clear path forward. The decisions made during this session are poised to strengthen the university's financial foundation, ensuring that it continues to thrive in an ever-evolving economic landscape.