University of Michigan Investment Office Commits $15M to Private Equity

The University of Michigan Investment Office has approved a $15 million commitment to the HIPstr Early Stage Fund I.

The private equity fund is managed by HighPost based out of West Palm Beach. According to meeting materials, “the Fund plans to invest primarily in early-stage consumer companies in North America, Europe, and the Middle East.”

The investment was presented for approval at the July 20 Regents’ meeting.

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