University of Alabama System’s investment committee approved a commitment of up to $15 million to Palatine Real Estate Fund IV for its $1.9 billion pooled endowment fund.
The Tuscaloosa-based university’s investment committee approved the commitment to the opportunistic real estate fund managed by Palatine Capital Partners at its meeting Thursday, a video of the meeting shows.
The system previously made a commitment to Palatine Real Estate Fund III in 2018; the amount of the commitment was not provided in the meeting video.
Investment consultant Fund Evaluation Group assisted.
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