It has increased its allocation by four percentage points, taking the total to 9%.
The $112.5 billion Texas Teacher's Retirement System, for example, announced in September that it would increase its allocation to alternatives to 29percentt from 8.5percentt over the next three years.
Congress decided to increase its allocation by $140 million, for a total of $1.1 billion.
The college also has increased its allocation of scholarships during the past few years, said Shirley Contino-Phillips, vice president of external affairs and director of the WCC Foundation.
In January of last year, the Town of Huntington increased its allocation to the Huntington Station Enrichment Center, which operates the "safe site," as it is called here, to $105,000 from $55,000.
Wilshire & Associates recently found that the average pension fund had increased its allocation to private equity to 8.8 percent in 2010 from 3 percent in 2000.
Valia, the $6.8 billion pension fund of Vale, a miner, has increased its allocation to private equity from 1% of assets three years ago to 6% in 2011.The Brazilian government's sunny view of hedge funds and private-equity firms also helps explain their growth over the past few years.
Despite recurring controversies and allegations of corruption surrounding the former and current state treasurers over the years, as well as intermittent reports of dismal performance, the state pension has continued to dramatically increase its allocation to alternatives from 0.1percentto35percentcentodayaddingding tens of billions to these costly schemes that have been disastrous for TSERS.
The MOH also gradually increased its allocation of funding to the NTP to support these initiatives [ 48, 52, 53].
