Four investments totalling $126m to be made by Michigan University's endowment are disclosed through the agenda for its Board of Regents meeting.
Michigan University, through its endowment, is to make four investment totalling $126m, according to DealStreetAsia.
The information was revealed through the agenda for the Board of Regents, which set out the investments while disclosing approximately $125m made in commitments earlier this year.
A total of $30m is to be invested in Amerra Agri Fund III, a fund that focuses on secured private debt in agribusiness companies operating in Latin America, while $35m have been committed to private equity fund FSN Capital V.
Hong Kong-based hedge fund Tybourne Capital Management is set to receive $25m. Tybourne invests in the consumer, financial, telecoms and industrial sectors.
The final $36m will go to Opcapita Consumer Opportunities Fund II, a UK-based private equity fund that invests in the retail, consumer and leisure sectors in the UK, France, Germany and Spain.
