The Columbus Foundation of Ohio has recently reconstituted its investment committee and is in the process of doing an in-depth review of its portfolio. The committee, which controls the approximately $810 million foundation, is considering all asset classes, including alternatives.
"I wouldn't be surprised if we moved into that area," said Ray Biddiscombe, vice president for finance and administration. "But no decision has been made, everything is on the table." He expects that a decision on new allocations could come late this summer.