University of Houston Investing $50M to Global Equity

The University of Houston System Endowment is investing $50 million in the Jennison Global Equity Opportunities fund. 

Jennison is a new partnership for the Endowment.

As of December 31, 2023, the $1 billion Endowment fund has 5% of the portfolio invested in global equities, approximately $55 million with Arrowstreet.

NEPC assisted with the recommendation.

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