Endowment Gains 10.7%, grows to $24.8 billion.

$76 billion fund just misses benchmark for fiscal year 2017.

We see three risks to the outlook for steady economic growth. Yet we also see opportunities for investors to target above-benchmark returns while emphasizing defense at a time of low volatility and full valuations.

Leverage of six largest funds in country has risen to 24% from 19% in 2009.

Making high post-Brexit returns in forestry, private credit and private equity investments.

The Termination Versus Hibernation Debate

“Amanda has made significant contributions to UTIMCO’s public markets portfolio since joining nearly 9 years ago. In her role, she manages some of the largest relationships for UTIMCO’s endowment. She also has a talent for identifying up and coming emerging investment managers.”