UC San Diego Foundation

Generated outreach message alignment report
1. You lean on public equities to drive returns and maintain a high policy weight to equities.
We run a high-conviction, equity-forward strategy designed to be a return engine alongside your large public-equity sleeve.
Evidence
“public equities contributed the most to the portfolio’s performance.” “Public Equities 50%–75% ... Target 70.0%” “iShares S&P 500 (IVV)”
2. You benchmark globally and emphasize fossil-fuel/tobacco exclusions in public equities.
Our global mandate can align to ACWI-based, fossil-free benchmarks and incorporate your exclusions while pursuing alpha across international markets.
Evidence
“35% MSCI ACWI IMI ex Tobacco ex Fossil Fuels Index” “The Foundation’s asset allocation includes non‑U.S. equities and non‑U.S. fixed‑income securities, which are denominated in a variety of currencies.”
3. You maintain explicit emerging markets exposure, including targeted country sleeves.
We have dedicated EM capability to complement your ACWI policy and existing EM/India exposures with active, high-conviction ideas.
Evidence
“MSCI (Emerging Markets) 4%” “EEM Non-US Equities ISHARES MSCI EMERGING MARKETS” “INDA Non-US Equities ISHARES MSCI INDIA ETF”
4. You allocate to absolute return/hedge strategies for diversification and low correlation.
Our strategy targets a low-correlation profile that can sit within your Absolute Return sleeve and diversify equity beta.
Evidence
“7% HFRI Fund of Funds Index” “The Foundation uses a balanced and diversified approach to its endowment asset mix within a stated policy.”
5. You emphasize active outperformance and alpha versus benchmarks.
We are an active, high-conviction manager focused on delivering excess returns and benchmark-plus outcomes over full cycles.
Evidence
“Excess Return” “Russell 3000 + 3%” “InvMetrics All E&F > $1B Rank 54 1 9 7 1 2 8 10”
6. You are comfortable allocating through external, commingled hedge funds and LPs with periodic liquidity.
Our fund structure (NAV‑based, commingled, standard notice terms) and institutional operations fit your existing manager roster and workflows.
Evidence
“Investments measured at NAV include hedge funds, private equity investments and commingled funds.” “Balanced funds 1, 273,067$ – $ 30 day notice” “The NAV is reported by the external investment managers, including general partners, in accordance with their policies...”
7. You target durable, long‑term real returns to support a ~5% spending policy and evaluate managers over multi‑year horizons.
Our long track record and capital‑preservation mindset are aligned to sustaining purchasing power and meeting payout needs through cycles.
Evidence
“The Foundation manages the endowment with the objective of real value growth and protection of its purchasing power over the long term...” “The rate used to calculate spending for fiscal year 2025 was 5.00 %” “3 Mo FYTD 1 Yr 3 Yrs 5 Yrs 7 Yrs 10 Yrs”
8. You permit currency hedging for non‑U.S. exposures but prohibit direct FX speculation.
Our global/EM process incorporates prudent FX risk management without speculative currency bets, matching your policy constraints.
Evidence
“The Foundation considers currency in its investment decision‑making, and its underlying investment managers may hedge some or all of their exposures.” “The Foundation’s investment policies prohibit direct foreign currency speculation.”