The University of the Ozarks has endowment assets totalling about $69.3 million. The firm has an allocation to funds of hedge funds but is not looking to increase its exposure at this time. The firm typically invests in multi-strategy funds of funds and uses a consultant for help with the research and selection process. Presently, the university in seeking to gain exposure to fund of private equity funds and may beging exploring real estate funds in the future.