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:
AS S ET C L AS S TA R G ET R A N G E B E N C H MA R K
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 11.73% 11.20% 8.80% 6.43%
Policy Index
1
12.05% 12.55% 9.72% 7.65%
Alternative Benchmark
2
12.65% 12.09% 8.59% 7.27%
5%
0%
10%
15%
Financials
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