Virtual Investment Committee Meeting

The UA System Virtual Investment Committee met on November 11, 2026, to review the pooled endowment and liquidity and capital reserve portfolios. Fund Evaluation Group reported on performance, asset allocation, interest-rate conditions, and the endowment’s private-equity pacing. It recommended commitments of up to $20 million to Carousel Capital Partners VII and up to $20 million to Blue Sea Capital Fund IV, with an additional co-investment reserve of up to $5 million for Blue Sea. A trustee recused from the Blue Sea item. The resolutions were presented for consideration, but the transcript does not capture a final vote or approval result. These were investment commitments, not procurement or contract awards.

Members also discussed whether the System could take a more intentional role in supporting commercialization and venture capital for university-related innovations. The discussion favored connecting researchers and affiliated organizations with established venture investors while recognizing the risks of geographically or institutionally constrained investing; no formal action was taken. No procurement activity was identified.