FUNDRAISING NEWS | April 17, 2024
Tags: Private Equity, Endowments
The University of Alabama System Endowment approved two allocations to private equity totaling $46 million at the April 11th Board of Trustees meeting.
$20 million was allocated to Sterling Group Partners VI. And $20 million was allocated to Northlane Capital Partners III with an additional $6 million directed to a co-investment vehicle.
As of January 1, 2024, the endowment was valued at $6.1 billion.
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Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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