
Asset Allocation
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.
University reveals $3 million investment in cryptonetwork fund.
Board of regents approves new model portfolio for 2019 fiscal year.
University hires PricewaterhouseCoopers to conduct internal audit.
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.