Princeton University Investment Company

Overview

Princeton University Investment Company manages Princeton University’s endowment for long-term support of the university.¹

The endowment provides spending support for Princeton University’s academic mission and donor-designated purposes.¹

Estimated AUM: $36.4B as of Jun 30, 2025²
Capital pool: university endowment¹
Investment model: In particular, staff has been given authority to select and terminate external managers, and to shift assets to focus the portfolio on the most promising sectors.²
Investment approach: Organizationally, employing external management allows greater flexibility and responsiveness, as Princo can shift asset allocation and strategy without the friction of internal personnel changes.²
Spending support: Not listed yet
Spending policy: Official treasurer reporting cited a 5.37% spending rate.¹
Asset allocation: Public evidence references these asset classes or allocation areas: private equity, venture capital, hedge funds, real estate, public markets.²
Performance: Official treasurer reporting cited an 11.0% FY2025 return.¹
Governance: Princeton University Investment Company · Princeton, NJ © 2025 The Trustees of Princeton University.¹
Investment team: William Grimes Summer Investment Analyst William joined Princo in 2026 as a Summer Investment Analyst.¹
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 4, 2026 · Verified

Last verified Jul 4, 2026 from public career and organization materials.

Website (princo.princeton.edu)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Spending policy, Investment performance, Governance, Investment team, Investment office page · checked Jul 3, 2026
Website (princo.princeton.edu)Estimated AUM, Investment model, Investment approach, Asset allocation · checked Jul 3, 2026