Rice Management Company

Overview

Rice Management Company manages Rice University’s endowment and related investment assets to support the university’s mission.¹

The endowment provides long-term financial support to Rice University.¹

Estimated AUM: $8.5B as of Jun 30, 2025¹
Capital pool: university endowment¹
Investment model: We partner with third-party investment managers and also oversee internally managed assets.²
Investment approach: Consistent with its longstanding approach, the endowment maintains a highly diversified and actively managed investment portfolio with the primary objective of maximizing returns while managing risk.¹
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: real estate, fixed income.¹
Performance: FY2025 return reported at 11.4%.¹
Governance: The Rice Management Company Board of Directors has a fiduciary responsibility to act in the best interests of the University which requires maximizing the University’s resources to ensure continued academic excellence and intergenerational equity for its students.¹
Investment team: The President of RMC is also the Chief Investment Officer of the University.²
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 3, 2026 · Verified

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

Website (investments.rice.edu)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Estimated AUM, Investment approach, Asset allocation, Investment performance, Governance, Investment office page · checked Jul 3, 2026
Website (investments.rice.edu)Investment model, Investment team · checked Jul 4, 2026