Loyola University of Chicago

1. You maintain a dedicated allocation to marketable alternatives/hedge funds and benchmark them to HFRI, with hedging strategies permitted up to 30%.

Our high-conviction, low-correlation hedge fund profile fits a marketable alternatives sleeve seeking differentiated returns versus HFRI within a defined hedged allocation.

Evidence

“Marketable Alternatives 20% 10% 30% HFRI Fund-Weighted Index” “Hedge Fund Guidelines Target Min Max Hedging strategies -- 0% 30% Hedged”

2. You allocate to long-short managers with flexible net exposure and allow active use of derivatives.

We run a concentrated, unconstrained long/short approach that uses derivatives to manage risk and exposure across global markets.

Evidence

“The marketable equity commingled funds category is comprised of investments in funds primarily holding publicly traded U.S. and non-U.S. equity securities, including long-short equity funds that can vary their net exposures across global markets.” “investment managers engaged by LUC may use derivative instruments to implement their investment strategies.”

3. You target a 45% allocation to global equity benchmarked to MSCI ACWI and invest across U.S. and non-U.S. markets.

Our global mandate (including emerging markets) and best-ideas portfolio can complement an ACWI-anchored program with concentrated international alpha.

Evidence

“Global Equity 45% 40% 50% MSCI ACWI” “investments in funds primarily holding publicly traded U.S. and non-U.S. equity securities”

4. You integrate ESG, apply fossil-fuel screens/divestment, and encourage manager engagement and proxy voting.

We can integrate ESG in research, implement fossil-fuel exclusions, and engage with management, aligning with your Responsible and Sustainable Investing Principles.

Evidence

“The University will integrate Environmental, Social and Governance ("ESG") considerations into manager evaluation and analysis of underlying portfolio holdings” “The University will not make direct investments in any security, strategy or fund whose primary mandate is the exploration or extraction of fossil fuels, and will divest from companies and strategies engaged in these activities.”

5. You are flexible on liquidity/lockups but manage to explicit 0–90 day and 1-year liquidity thresholds.

Our fund offers institutional liquidity terms (e.g., quarterly with notice) that fit within your portfolio-level liquidity framework.

Evidence

“Daily to only at the direction of investment managers Daily to ninety days Various initial lockup periods, potential redemption fees, and limits on redeemable proportion of outstanding balances” “Liquidity Classification % of Portfolio Market Value Available within zero to ninety (0 - 90) days Minimum of 50% ... Available within one (1) year Minimum of 60% ... Available beyond one (1) year Maximum of 40% ...”

6. You primarily source managers via GP referrals and consultant networks.

We can coordinate a warm introduction through our GP/consultant relationships to align with your preferred sourcing channel.

Evidence

“Referrals from existing GP partners and consultant networks are the primary approach.”

7. You emphasize long-term, net-of-fees performance that supports spending + inflation and value consistent track records.

We have a long, audited track record focused on durable, net-of-fee compounding over multi-year periods, designed to exceed real return targets.

Evidence

“Earn a real total rate of return (net of investment management fees) at least equal to the maximum endowment spending rate authorized by the Board of Trustees over rolling five-year periods.” “The team evaluates new managers based on strategy quality, team depth, and track record consistency.”

8. You limit hedge fund exposure at both the portfolio and manager-AUM level.

We proactively manage capacity and investor concentration so your ticket can fit under your 5%-of-manager-AUM and single-fund position limits.

Evidence

“An investment in an individual hedge fund will not exceed 5% of the portfolio market value at the time of investment.” “A hedge fund investment will not exceed 5% of its manager’s assets under management at the time of investment.”