Joy McPike

Macalester College, based in St. Paul, Minnesota and founded in 1874, is committed to being a preeminent liberal arts college with an educational program known for its high standards for scholarship and its special emphasis on internationalism, multiculturalism, and service to society. Macalester has an endowment of about $587 million and allocates 35% of its endowment to alternatives including 11% in absolute return, 11% in venture capital and buyouts, 6% in real estate, and 7% in oil, gas, and timber.The firm's hedge fund portfolio is primarily dedicated to multi-strategy and credit-oriented managers and the firm is satisfied with its current manager relationships.