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Portfolio Advisors receives $4m commitment from University of West Florida Foundation

The Pensacola-based foundation has backed Portfolio Advisors' fourth flagship secondaries fund.

Institution: University of West Florida Foundation
Headquarters: Pensacola, United States
AUM: $92.97m
Allocation to alternatives: 7.36%
Bitesize: $1m-5m

University of West Florida Foundation approved a $4 million commitment to Secondary Fund IV, managed by Portfolio Advisors.

As illustrated below, the foundation devotes 7.36 percent of its investment portfolio to alternative assets. The firm has also committed to the fund’s predecessor: Secondary Fund III.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.