Page 10 - January Report 2025

Page 8 January Report
INVESTMENT VALUATION BY MANAGER as of December 31, 2024
12/31/23 3/31/24 6/30/24 9/30/24 10/31/24
% of
Portfolio Target Allocation 1 Month Return
12/31/2023
Return
Total Fund $252,626,100 $264,237,746 $265,729,363 $274,680,540 $270,265,864 100.0 -1.4 3.7
Total Global Public Equity $131,771,168 $143,395,670 $142,237,487 $150,115,153 $145,344,956 53.8 47.5 -2.2 5.2
Global Equity $13,863,746 $16,405,979 $14,930,288 $15,109,286 $13,363,804 4.9 -1.8 5.0
GQG Partners Global Equity Fund $13,863,746 $16,405,979 $14,930,288 $15,109,286 $13,363,804 4.9 -1.8 5.0
U.S. Equity $72,519,485 $80,301,032 $80,682,398 $85,417,118 $84,762,218 31.4 -0.8 5.6
Adage Capital Partners, L.P. $55,755,882 $62,337,399 $64,585,141 $68,196,980 $67,667,476 25.0 -0.8 5.0
Vanguard Total Stock Market Index Instl Fund $10,039,741 $11,044,144 $9,354,463 $9,931,483 $9,856,572 3.6 -0.8 5.3
Champlain Small Company Instl Fund $6,723,863 $6,919,489 $6,742,794 $7,288,654 $7,238,170 2.7 -0.7 10.8
Non-U.S. Developed Equity $33,080,038 $34,338,820 $33,758,674 $36,975,884 $35,078,396 13.0 -5.1 5.9
Vanguard Developed Markets Index Instl Fund $4,666,000 $4,906,154 $4,872,010 $5,233,824 $4,956,249 1.8 -5.3 5.7
Silchester Intl Value Equity Trust $18,225,316 $18,572,533 $18,238,643 $20,033,871 $18,964,243 7.0 -5.3 6.0
Baxter Street Offshore Fund, Ltd. $10,188,723 $10,860,133 $10,648,021 $11,708,189 $11,157,904 4.1 -4.7 5.9
Emerging Markets Equity $12,307,898 $12,349,839 $12,866,126 $12,612,866 $12,140,538 4.5 -3.7 1.4
Coronation Global Emerging Markets Unit Trust $269 $34 - - - 0.0 NA 0.0
Vanguard Emg Mkt Stk Idx Instl Fund $5,074,383 $5,171,965 $5,446,299 $5,952,339 $5,766,843 2.1 -3.1 3.3
Overlook Partners Fund, L.P. $5,738,579 $5,755,211 $5,983,621 $6,660,526 $6,373,695 2.4 -4.3 0.4
Gaoling Feeder Fund $1,494,667 $1,422,629 $1,436,207 - - 0.0 NA -1.2
Total Flexible Capital $31,565,166 $33,007,965 $32,908,884 $34,486,365 $34,675,479 12.8 10.0 0.6 2.1
Davidson Kempner Institutional Partners, L.P. $9,729,681 $10,051,724 $10,169,635 $10,490,843 $10,606,242 3.9 1.1 1.4
Farallon Capital Offshore Investors II LP $3,999,985 $4,443,276 $4,542,020 $5,238,200 $5,319,392 2.0 1.6 1.1
Diameter Offshore Fund LP $8,806,700 $9,056,891 $8,783,066 $9,136,474 $9,213,220 3.4 0.8 1.8
Cat Rock Capital Partners Cayman, Ltd. $10,381 $10,345 $10,329 $10,293 $9,333 0.0 -9.3 -0.5
OrbiMed Partners, Ltd. $2,506,648 $2,711,459 $2,680,032 $2,820,782 $2,688,205 1.0 -4.7 10.9
Junto Offshore Fund Ltd. $6,216,120 $6,441,780 $6,550,966 $6,614,222 $6,680,365 2.5 1.0 1.1
Mangrove Illiquid Side Pocket Investments $63,917 $63,130 $61,955 $61,749 $43,727 0.0 0.0 -2.1
Farallon Capital Institutional Partners, L.P. $83,815 $81,317 $78,780 $75,941 $77,133 0.0 1.6 2.0
Cat Rock Residual $115,760 $115,760 - - - 0.0
Cerberus International, Ltd. $10,559 $10,732 $10,557 $5,685 $5,685 0.0
Redwood Offshore Fund Ltd (Illiquid Side-pockets) $16,927 $16,829 $16,821 $27,453 $27,453 0.0
Shepherd Select Asset Ltd. (Stark) $4,673 $4,723 $4,723 $4,723 $4,723 0.0
Total Fixed Income/Liquid Capital $25,611,329 $22,873,558 $24,029,561 $23,481,500 $23,445,826 8.7 12.5 -3.1 3.0
Fidelity Intermediate Treasury Bond Fund $13,630,071 $13,497,703 $13,511,776 $14,239,577 $13,817,883 5.1 -3.0 3.3
Fidelity Long Term Treasury Bond Fund $5,295,396 $5,135,585 $5,049,829 $5,443,026 $5,163,578 1.9 -5.1 8.2
First American Treasury Obligations Z Fund $6,477,128 $3,626,507 $4,586,612 $3,494,210 $3,812,232 1.4 0.4 0.4
Truist Cash Fund $208,734 $613,763 $881,344 $147,891 $495,337 0.2 0.0 0.0
Gaoling Holdback - - - $71,530 $71,530 0.0 0.0
Gryphon Partners VI Deferred Proceeds - $85,266 $85,266 0.0 0.0