The goal of the Endowment is to support current and future generations of Tulane students with significant resources. In order to meet this goal, we must generate high real rates of return over the long-term to maintain the purchasing power of the Endowment. At the same time, we must maintain adequate stability in our investment portfolio to avoid overly disruptive volatility in the annual flow of funds to the operating budget.
The Investment Management Office's mission is to obtain the highest long-term total return on investment assets that is compatible with the University's risk tolerance, time horizons and consistent with prudent investment practices.
The University holds assets within separately invested endowment funds, over which it does not have investment discretion (e.g., when a donor specifies an investment manager for donated assets), and within the Pooled Endowment and Eminent Scholars Funds, over which the University does have investment discretion and which constitute the majority of the Endowment.
Investment performance is affected primarily through asset allocation and the selection of external investment managers. Additionally, the University internally manages securities that are not marketable, that cannot otherwise be externally managed as a result of donor restrictions, and strategic portfolios and instruments that are more cost effective if managed internally and/or that improve the risk/return profile of the portfolio.
Tulane University Investment Office, 203-716-8470 email@example.com