FUNDRAISING NEWS | May 17, 2024
Tags: Private Equity, Endowments
The University of Houston approved a commitment of $10 million to Mill Point Fund Capital III according to materials from the May 15th Board Meeting.
Mill Point is a special situations control buyout manager with a focus on the industrial, business services, IT services industries in the lower middle market. This commitment represents a new relationship for the endowment.
As of December 31, 2023, the $1.1 billion endowment allocates approximately 27.3% to private equity.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
December 11, 2023
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