The Cleveland Foundation Pool

The Cleveland Foundation Pool combines a number of donor funds into a single portfolio. The pool allows participating donor funds access to investment managers and products that traditionally require a very high initial investment.

The Cleveland Foundation Pool follows a multiple-firms approach in which managers are hired for a specific asset class. This method gives the pool the broadest diversification possible in both asset classes and managers.

The Cleveland Foundation’s Investment Committee has set a target asset allocation for the pool of 30 percent large-cap equities, 10 percent small-cap equities, 15 percent international equities, 20 percent fixed income, and 25 percent alternative investments.

The Investment Committee regularly monitors the performance of each of the pool’s managers to ensure that they are continuing to meet the foundation’s investment standards.