UT Investment MGMT

Generated outreach message alignment report
1. You run a large, ongoing hedge fund program and accept multi‑year lockups and varied liquidity terms.
We offer a concentrated, high‑conviction hedge fund strategy with a low‑correlation profile and are comfortable aligning our liquidity with long‑term capital.
Evidence
“Hedge Funds 13,687,761,746.65” “Hedge Funds Redeemable Within One Year 6,120,778,903.76 Monthly to Annually 5 ‐ 100 Days Redeemable Beyond One Year 5,576,049,162.00 Quarterly to Annually 30 ‐ 120 Days Nonredeemable 1,990,933,680.89 Not Applicable Not Applicable” “The funds in vested may be subject to a lock‐up restriction of typically one to three years before the investment may be withdrawn from the manager without significant penalty.”
2. You maintain a dedicated Emerging Markets allocation and have deployed meaningful capital to EM commingled funds.
We have a proven EM capability within our global mandate and can provide high‑conviction EM exposure that complements existing managers.
Evidence
“Emerging Markets 9.0% 5.6%” “Emerging Markets Redeemable Within One Year 1,920,808,325.00 ... Total Emerging Markets 2,196,545,446.24”
3. You allocate heavily to international/global equity via commingled funds and have no policy limits on non‑U.S. denominated securities.
Our global, internationally focused best‑ideas portfolio can be a targeted addition alongside your existing non‑U.S. exposures.
Evidence
“International Other Commingled Funds 7,317,176,212.38” “There are no limitations on investments in non‐U.S. denominated bonds or common stocks in relation to the System’s total fixed income and developed country equity exposures in the System’s investment policy statements.” “International other commingled funds at fair value include non‐U.S. developed equity, emerging markets, real estate and natural resources.”
4. You regularly hire external managers through commingled/NAV‑based vehicles across public and hedge fund strategies.
As a boutique, owner‑managed firm, we offer a commingled vehicle with robust reporting and alignment that fits your external manager model.
Evidence
“Investment funds fair valued at net asset value per share or based on the System’s ownership interest in partner’s capital include externally managed” “The System invests in hedge fund pools which are invested in private funds with external investment managers who invest in equity and fixed income securities of both domestic and international issuers.”
5. You are comfortable with managers employing long/short, modest leverage, and derivatives to actively manage risk and exposure.
Our high‑conviction, risk‑managed approach uses hedging tools to deliver alpha with controlled correlation.
Evidence
“These investment managers may invest in both long and short securities and may utilize leverage in their portfolios.” “Short futures may be used by internal managers and a limited number of external managers of the System to hedge the System’s interest rate or currency risk associated with se curity positions.” “The System enters into forward foreign currency exchange contracts to hedge against foreign currency exchange rate risks on its non‐U.S. dollar denominated investment securities and to facilitate trading strategies...”
6. You seek diversifying, low‑correlation return streams via absolute return, stable value hedge funds, and risk parity.
Our strategy targets low beta to traditional equities and can serve as a diversifier within your absolute return and hedge fund sleeves.
Evidence
“Absolute Return ‐ 1.8% Stable Value Hedge Funds 5.0% 1.9%” “Risk Parity 8.0% 3.0%”
7. You have a long investment horizon and are comfortable with multi‑year illiquidity in manager vehicles.
We align our capital base and portfolio construction to longer horizons and can accommodate reasonable lock‑ups for better compounding.
Evidence
“All investments are reported as noncurrent as these funds have an investment horizon extending beyond one year.” “It is estimated that the underlying assets of the private investments will be liquidated over seven to ten years.”
8. You explicitly evaluate key‑person risk in manager selection.
As an entrepreneurial, owner‑managed firm with a stable senior team and clear key‑person provisions, we can address this focus directly.
Evidence
“Key personnel risk – The success of certain funds is substantially dependent upon key investment managers and the loss of those individuals may adversely impact the fund’s performance.”