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Office of the Treasurer

Endowment Funds

March 31, 2006 Asset Allocation ($ thousands)

Endowment Fund (Balanced Pool) (1) (2)

 

    Asset Allocation  
Sector   U.S.   Int'l    Total
Equity Alliance Capital $87,858 $8,527 $96,385 11.6%
AllianceBernstein 61,791 3,991 65,782 7.9%
American Century 60,439 2,964 63,403 7.7%
Artisan Partners 48,162 2,231 50,393 6.1%
EARNEST Partners 65,173 453 65,626 7.9%
TCW Asset Mgmt 35,205 993 36,198 4.4%
Capital Guardian- Int'l 0 114,608 114,608 13.8%
JP Morgan 0 57,078 57,078 6.9%
Cap Guardian- Emerg 0 26,178 26,178 3.2%
Templeton Inv- Emerg 0 23,781 23,781 2.9%
  Total $358,628 $240,804 $599,432  
  % 43.3% 29.1% 72.4%  
  Target Range 37.5 - 47.5% 15 - 35% 52.5 - 82.5%  
 
Alternatives: Abs Return Bridgewater 6,973 0.8%
Ramius Capital     8,068 1.0%
  Total     $15,041  
  %     1.8%  
  Target Range     0 - 5%  
 
Alternatives:  Private Eq Quadrangle Cap II     244 0.0%
Vectis Life Sci I     479 0.1%
Vestar Capital     157 0.0%
Welsh Carson     684 0.1%
  Total     $1,564  
  %     0.2%  
  Target Range     0 - 5%  
 
Real Estate RREEF America II     26,417 3.2%
TA Realty Fund IV     1,035 0.1%
TA Realty Fund V     14,219 1.7%
  Total     $41,671  
  %     5.0%  
  Target Range     0 - 10%  
 
Fixed
Income
Capital Guardian     84,811 10.2%
Pacific Investment     85,272 10.3%
  Total     $170,083  
  %     20.5%  
  Target Range     17.5 - 27.5%  
 
  Fund     $827,791 100.0%
Gifts- to be allocated     6,885  
Total Fund     $834,676  

 

Notes: 
  1. All amounts are U.S. dollars; all amounts are market value
  2. Percentages shown are on the base of invested assets; i.e., they do not include the gift funds to be allocated.

 

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