Texas Tech University

Generated outreach message alignment report
1. You allocate to external managers across hedge funds and commingled vehicles and actively run manager searches with NEPC.
As a boutique, owner‑managed hedge fund with a concentrated, high‑conviction strategy and institutional operations, we fit your externally managed structure and due‑diligence-driven search process.
Evidence
“To do this, the services of external investment managers are utilized.” “Investment funds include hedge fund pools, private investment pools, public market funds and other alternative investments managed by external investment managers.” “NEPC, LLC provides investment consulting services including ... investment manager searches, and performance evaluation.”
2. Your growth sleeve is benchmarked to MSCI ACWI ex China and your total portfolio targets a Global 65/35 +100 bps objective.
We run a global mandate with the ability to align to ACWI ex‑China constraints and seek excess return versus global benchmarks, including emerging markets exposure outside China if needed.
Evidence
“growth benchmark updated from “MSCI ACWI ND” to MSCI ACWI ex China Total Return Net USD;” “The Performance Objective is to outperform a market benchmark consisting of a Global 65/35 passive portfolio comprising the MSCI All Country World Index (ACWI) ex China Total Return Net USD and Bloomberg Global Aggregate Bond Index, plus 100 basis points, over rolling three-year periods.” “LTIF and CCP do not have policy limits specific to international equity or debt.”
3. You explicitly seek low-correlation strategies within the Stable Value Sub‑Portfolio.
Our differentiated, low‑correlation return profile can help diversify the Growth sleeve and contribute to the Stable Value objective while preserving capital across regimes.
Evidence
“The Stable Value Sub-Portfolio is a mix of strategies with low correlation to the Growth Sub-Portfolio with the objective of outperforming the Bloomberg Global Aggregate USD of the Performance Benchmark.”
4. Your endowment targets CPI+5% over rolling 10 years and accepts an equity‑heavy, long‑term perspective.
Our long track record and high‑conviction, best‑ideas approach is built to compound capital and support long‑horizon CPI+ objectives despite interim volatility.
Evidence
“The benchmark for the Strategic Objective is to exceed the Consumer Price Index plus 5% over rolling ten-year periods, while providing a stable source of spending for TTUS.” “A long-term perspective that implies a high average allocation to equity securities and consequent market price volatility.”
5. You selectively back active managers where alpha is available and use tactical allocation to exploit market dislocations.
Our concentrated, research‑driven, entrepreneurial approach is designed to harvest idiosyncratic alpha in less efficient segments globally and complement your tactical reallocation process.
Evidence
“The opportunity for active manager out performance (alpha) is not uniformly distributed across asset classes or strategies, and those opportunities are not static over time.” “Tactical Allocation should be exploited to take advantage of dislocations in markets, or significant changes in the expected risk, return and/or correlations.”
6. You permit managers to use derivatives, including OTC, within a robust risk framework.
Our strategy prudently uses derivatives for risk management and efficient exposure, which aligns with your allowance for exchange‑traded and OTC instruments under ISDA/CSA controls.
Evidence
“Investment Managers may utilize derivatives within the scope of their respective investment policies.” “Both Exchange Traded and Over the Counter (“OTC”) derivatives may be utilized (see Managing Counterparty Risk below).” “The LTIF Investment Policy Statement allows investment in certain derivative securities.”
7. You run rigorous ODD/legal reviews and require frequent, transparent reporting and third‑party custody.
As an owner‑managed firm with institutional infrastructure, we meet ODD standards, provide monthly/quarterly transparency, and operate with independent custody.
Evidence
“This includes all accounting and cash movements, unitization of investment pools, reporting, Operational Due Diligence (ODD), legal reviews, contracting and MCA account structuring.” “Completed full due diligence and legal reviews on 10 firms, which resulted in 8 that were executed and hired.” “c. communicating, on a monthly or quarterly basis, all investment activities during the preceding month or quarter and providing valuation reports of the month- or quarter-end portfolio holdings;” “TTU’s investment policy is to require third party custody for the LTIF and CCIP.”