Portfolio Allocation Update

Started the year with the following portfolio allocation %:

69% in hedge funds

19% in real estate

7% in private equity

2% in bond mutual funds

2% in equity mutual funds

1% in an operating business

As of 3/31/2022, here is our portfolio allocation %:

53% in hedge funds

21% in real estate

12% in private equity

10% in cash & cash equivalents

2% in bond mutual funds

1% in equity mutual funds

1% in an operating business