Boston University

Generated outreach message alignment report
1. You run a truly global program and often size international equity larger than U.S. equity.
Our concentrated, high‑conviction global strategy (with EM capability) fits a portfolio that actively allocates beyond the U.S. and values non‑U.S. alpha.
Evidence
“The BU investment team manages a diversified global portfolio with approximately $4 billion in assets.” “Common and preferred equities: International ...................... 333,332 74,284 65,856 473,472” “Common and preferred equities: Domestic ......................... 149,762 70,786 - - 220,548 International ...................... 338,396 56,591 45,711 - 440,698”
2. You allocate meaningfully to hedge funds and accept flexible, long/short mandates (with lockups).
Our low‑correlation, high‑conviction approach with the ability to hedge and manage gross/net exposure aligns with your use of discretionary long/short managers and tolerance for hedge fund liquidity terms.
Evidence
“Hedge strategies involve funds whose managers have the authority to invest in various asset classes at their discretion, including the ability to invest long and short.” “Alternatives: Hedge ................... - - 426,866 318,418 581,512 1,326,796” “Certain hedge funds contain lockup provisions. Under such provisions, share classes of the investment are available for redemption at various times in accordance with the management agreement with the fund.”
3. You prioritize long‑term, risk‑adjusted outperformance and are comfortable with near‑term volatility to achieve it.
A concentrated, best‑ideas, owner‑managed portfolio that accepts short‑term noise to deliver durable, benchmark‑beating results over cycles matches this mandate.
Evidence
“Ability to accept short-term volatility for greater longer-term returns” “The portfolio is expected to produce risk-adjusted returns that exceed the policy benchmarks, a blended rate of indices.” “Equity dominance to grow”
4. You primarily invest through external managers (LPs/commingled) and are comfortable with NAV reporting and illiquidity.
As an entrepreneurial boutique, we offer an institutional commingled vehicle with robust reporting and alignment; our structure and horizon fit your NAV‑based oversight and lockup tolerance.
Evidence
“The majority of the University’s long-term investments are held through limited partnerships and commingled funds for which fair value is estimated using net asset value (NAV) reported by fund managers as a practical expedient.” “Investments in the “>1 Year” category include non-redeemable assets totaling $1,506,281,000 ... as well as investments with rolling lockup periods totaling $550,278,000” “NAV is used as a practical expedient to estimate the fair value of the University’s interest therein”
5. You maintain exposure across non‑U.S. regions, including emerging markets.
Our global mandate with dedicated EM capability can complement and deepen your non‑U.S. allocation with focused, idiosyncratic alpha sources.
Evidence
“EAST ASIA AND THE PACIFIC NONE NONE INVESTMENTS 16,299,759.” “SUB-SAHARAN AFRICA NONE NONE INVESTMENTS 1,936,367.”
6. You embrace a total‑return mindset and use derivatives where efficient.
Our high‑conviction strategy targets total return (appreciation and yield) and can employ prudent hedging/derivatives to manage risk and capital efficiency—supporting a low‑correlation return stream.
Evidence
“To satisfy its long- term rate of return objectives, the University relies on a total return strategy in which investment returns are achieved through both capital appreciation and current yield.” “The endowment employs certain derivative financial instruments to replicate long asset positions more cost effectively than through purchases or sales of the underlying assets.”
7. You emphasize deep, long‑term partnerships with managers and support them through cycles.
As an owner‑managed boutique with a long track record and aligned capital, we value durable relationships and the patience required for concentrated, high‑conviction investing.
Evidence
“Partnering closely with managers who: Value their investors’ partnership ... Incorporate long-term perspectives” “Supports investment managers through cycles”