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Endowment2

Northwestern University Investment Office

university endowment2Evanston, Illinois2.

Overview

Northwestern’s Investment Office manages the university endowment and related assets to support institutional priorities.1

The endowment supports academic, research, student-aid, and institutional priorities.1

Investment program

Estimated AUM
$15.2B as of Aug 31, 20253
Capital pool
university endowment2
Investment model
Official page states about 8% of the fund is managed internally, chiefly fixed income; remainder is managed through external managers.1
Investment approach
Fund Growth, Payouts and More Investments Through our strategic and responsible management of the endowment, we to contribute to the long-term success of the entire university.2
Spending support
Not listed yet
Spending policy
Not listed yet
Asset allocation
Public evidence references these asset classes or allocation areas: private equity, venture capital, private credit, hedge funds, infrastructure, public markets, fixed income.2
Performance
Not listed yet
Governance
This includes consideration of environmental, social, and corporate governance issues in potential investments.2
Investment team
Official endowment page stated 24 staff, including 12 investment staff.1
Unfunded commitments
Not listed yet
Source freshness
Last verified Jul 3, 2026 · Verified

Sources

Last verified Jul 3, 2026 from public career and organization materials.

Fact notes

  1. Website (northwestern.edu)Parent organization overview, Pool purpose, Investment model, Investment team, Investment office page · checked Jul 3, 2026
  2. Website (northwestern.edu)Institution type, Capital pool, Headquarters, Investment approach, Asset allocation, Governance · checked Jul 3, 2026
  3. Other source (praxisrock.com)Estimated AUM · checked Jul 3, 2026

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Northwestern University Investment Office | Allocator Careers