The Alternatives Fund invests in a combination of hedge funds, real estate funds, real asset funds and other investments, seeking to increase diversification across additional asset classes and achieve returns not correlated with the indices of UCF’s current investment options.

Organization Management

Lumos Capital

Founded in 2019, Lumos Capital Group is an investment firm focused on growth-stage companies operating in the education technology, knowledge services, and human capital development sectors.

Neuberger Berman

Neuberger Berman was founded in 1939. From offices in 35 cities worldwide, Neuberger Berman manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. With more than 600 investment professionals and approximately 2,200 employees in total, Neuberger Berman has built a diverse team of individuals united in their …

Magnitude Capital

Magnitude Capital manages a fund of hedge funds in a global, multi-strategy portfolio. Magnitude orients its portfolio mainly to relative-value funds that provide active returns and offer diversification to the primary returns streams of equity and fixed income markets. Magnitude employs a highly analytical approach to evaluating managers and constructing this portfolio. Headquartered in New York, Magnitude was founded in 2002 …

Heitman Capital Management

The diversified North American Real Estate portfolio managed by Heitman focuses on high quality investments in major metropolitan areas. Heitman’s portfolio is diversified by geography with investments across the US in office space, apartments, retail, industrial use, and self-storage sites. Heitman seeks to generate returns from both the income of its assets as well as price appreciation of the properties. Founded in …

Evanston Capital Management

Evanston Capital Management (ECM) manages a fund of hedge funds. Their Weatherlow Fund employs a global, multi-strategy approach focused around long-short equity funds. Evanston employs a fundamental and highly selective process in choosing underlying funds where a sustainable edge appears present. Additionally, the team uses their experience to tilt the portfolio toward strategies that may outperform depending on the anticipated environments. Evanston …

Abbey Capital

Abbey Capital manages a diversified portfolio of Global Macro managers for UCF in a fund of hedge funds structure. Alternative investments, such as hedge funds, when included with equity and fixed income portfolios have historically enhanced diversification, reduced volatility, and preserved wealth over the long term. Global Macro strategies, also known as managed futures, are investments in currency, commodities and derivatives …
News and resources

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Fiduciary Focus: Coming Up With A Game Plan For Up- and Down-Times

Matt Wagner, Vice President, Institutional Relationships, has prepared a fiduciary focus article that discusses and illustrates the impact of excess withdrawals. Read the article.

Q3 2022 Town Hall Recording

The UCF staff and investment team shared a review of UCF’s investment performance, organizational updates and the latest in our responsible investing efforts for the third quarter of 2022. Access the Town Hall recording, presentation slides and poll results!

FedEx Agrees to Greater Transparency on Climate Lobbying Activities

UCF and PBUCC announced today that as the result of their joint shareholder resolution filed this past April, FedEx Corporation has agreed to enhance public disclosure of its climate lobbying activities. Read more.