ASSET ALLOCATION TARGET AND BENCHMARKS FOR THE ENDOWMENT FUND
Consistent with its investment philosophy, Latin's endowment is managed according
to the following allocation matrix:
ASSET CLASS TARGET RANGE BENCHMARK
Public Equity
60.0% 50–70% MSCI ACWI
Private Equity
5.0% 0–10% Preqin Private Equity
Hedge Funds
12.5% 7.5–17.5%
HFRI Institutional Fund
Weighted Composite
Private Credit
7.5% 0–12.5% Preqin Private Debt
Fixed Income/
Cash
15.0% 10–20%
Bloomberg US Aggregate/
91-Day T-Bill
TOTAL FUND
PERFORMANCE
1
Policy Index composed of a
blend of 60% MSCI ACWI, 12.5%
HFRI Institutional Fund Weighted
Composite Index, 5% Preqin
Private Equity, 7.5% Preqin
Private Debt, 10% Bloomberg
US Aggregate TR, 5% ICE BofA
3 Month US T-Bill.
2
Alternative benchmark
composed of 65% MSCI
ACWI and 35% Bloomberg
US Aggregate TR.
1 Year 3 Years 5 Years 10 Years
Latin Endowment 11.70% 1.57% 6.07% 5.48%
Policy Index
1
13.45% 3.50% 7.83% 6.72%
Alternative Benchmark
2
13.34% 2.57% 7.06% 7.79%
5%
0%
10%
15%
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