Message from the CIO

MESSAGE FROM THE CIO


Since its founding, the University of Utah has received numerous endowed gifts from generous donors covering the spectrum of academic and health science disciplines. Each gift was invested separately at the discretion of a department dean - usually in fixed income assets. In 1990, the University chose to combine the separate endowments and form the Endowment Pool. The Endowment Pool totaled a little over $30 million in 1993 and was invested in a mix of stocks and bonds.

 

As of June 30, 2020 the Endowment Pool totaled over $1 billion in assets and was invested in marketable stocks and bonds and a mix of alternative strategies (private investments, real assets and diversifying strategies). Endowment Pool growth is driven by three key factors: a) donor gifts, b) consistent long-term investment returns and c) conservative spending policies. We recognize that the support from generous alumni and friends of the University continues to be the driving force of the growth of the Endowment Pool. Together with consistent investment performance and disciplined spending, the University will have a strong financial base for years to come.

 

Thank you for taking time to visit our website! Whether you are a friend of the University, an interested constituent or a prospective investment manager, I hope you find our website helpful and informative.

Go Utes!

Jonathan L. Shear, CFA