University of Virginia

Generated outreach message alignment report
1. You prioritize skilled, high-conviction active managers who deliver differentiated stock selection and add value over passive.
Our concentrated, best-ideas, owner-managed fund is built around high-conviction stock selection and active alpha generation.
Evidence
“the heightened level of market volatility provided opportunities for differentiated stock selection and skilled active management by our investment managers.” “UVIMCO has a long history of partnering with exceptional investment managers, who add value to passive alternatives over time.”
2. You maintain sizable allocations to public equity and long/short equity, signaling openness to our strategy type.
We run a public equity/long-short, hedged, high-conviction mandate that fits directly within these sleeves.
Evidence
“27.7Public Equity 9.1Long/Short Equity 28.5Private Equity 15.6Real Assets 8.6Absolute Return 4.6Credit 4.5Fixed Income 1.4Cash Allocation(1)” “Our managers invest in Public Equity, Long/Short Equity, Private Equity, Real Assets, Absolute Return, Credit, and Fixed Income.”
3. You evaluate managers over multi-year horizons and emphasize sustained outperformance versus benchmarks and peers.
We have a long track record designed to compound over 5–20 year periods and to outperform global benchmarks.
Evidence
“11.8% over five years, 9.2% over ten years, and 9.6% over twenty years (Table 1).” “Over the past twenty years, UVIMCO’s annualized return of 9.6% has well exceeded the 7.1% garnered by median peers (Graph 3), according to Wilshire Trust Universe Comparison Service (TUCS) data.”
4. Your policy benchmark and evaluation framework are global (MSCI ACWI), indicating a preference for globally oriented managers.
Our mandate is global with emerging markets capability, seeking alpha across regions relative to ACWI-like opportunity sets.
Evidence
“Geometrically linked monthly average of 75% MSCI All Country World Equity and 25% Bloomberg U.S. Treasury Bond.” “For example, the LTP’s composite Private Equity return of 14.9% per year over the past two decades exceeds the MSCI ACWI by over 6%.”
5. You dedicate capital to diversifying/low-correlation strategies and explicitly use diversification to manage risk.
Our return profile is designed to be low correlation to broad indices, providing a diversifying sleeve within your portfolio.
Evidence
“Diversifying strategies 6% 5.8% 0.35%” “UVIMCO mitigates manager risk through extensive due diligence, diversification, by declining certain partnership structures, and by avoiding certain investment strategies (e.g., highly leveraged hedge funds).”
6. You avoid highly leveraged hedge funds and are selective about partnership structures.
We operate with modest leverage and standard, investor-friendly terms—aligned with your risk and structure preferences.
Evidence
“UVIMCO mitigates manager risk through extensive due diligence, diversification, by declining certain partnership structures, and by avoiding certain investment strategies (e.g., highly leveraged hedge funds).”
7. You actively manage liquidity, relying on public equity funds and hedge funds for sufficient liquidity and closely tracking redemption terms.
We offer institutional liquidity terms (e.g., monthly/quarterly with reasonable notice) that fit your liquidity management framework.
Evidence
“UVIMCO manages liquidity risk by maintaining a portfolio of Treasury bills and bonds, maintaining sufficient liquidity with public equity funds and hedge funds, and managing the pace of commitments to private investments.” “INVESTMENTS MEASURED AT NET ASSET VALUE (NAV) (in thousands) BALANCE AT JUNE 30, 2024 UNFUNDED COMMITMENTS REDEMPTION FREQUENCY (IF CURRENTLY ELIGIBLE) REDEMPTION NOTICE PERIOD”
8. You primarily access markets through external funds/LPs and accept NAV-based valuations reported by managers.
Our fund structure (LP/commingled, NAV-based) aligns with how you implement exposures and evaluate managers.
Evidence
“UVIMCO invests primarily in investment funds that allow the LTP to gain exposure to a broad array of financial instruments and markets.” “These investments do not actively trade through established exchange mechanisms and are valued at NAV, based on UVIMCO’s interest in the investee as determined and reported by the external manager of the investment.” “Such investments represent $13.62 billion on June 30, 2025.”