University of North Carolina at Chapel Hill

Overview

UNC Chapel Hill’s long-term endowed assets are invested through the UNC Investment Fund and affiliated university foundation structures.¹

Endowments are invested to generate support in perpetuity for UNC Chapel Hill programs, students, faculty, and research.¹

Estimated AUM: $6.2B as of Jun 30, 2025²
Capital pool: university endowment and affiliated investment fund¹
Investment model: UNC Investment Fund is a commingled vehicle that invests long-term assets of the UNC System, constituent institutions, and affiliated endowments and foundations.¹
Investment approach: UNCMC The Fund Partner Join Contact Login Updates The Fund The UNC Investment Fund, LLC (the “Fund”) is the commingled vehicle that invests the long-term assets of the University of North Carolina System, its constituent institutions and their affiliated endowments and foundations.¹
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, hedge funds, real estate, infrastructure, public markets, fixed income.¹
Performance: Not listed yet
Governance: Not listed yet¹
Investment team: David Craver* Co-Chief Investment Officer, Lone Pine Capital LLC Dave is a Managing Director, Co-Chief Investment Officer and Member of the Management Committee at Lone Pine Capital LLC, a global long/short and long-only equity money manager which he joined in 1998.³
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 (uncmc.unc.edu)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Investment model, Investment approach, Asset allocation, Governance, Investment office page · checked Jul 3, 2026
Other source (en.wikipedia.org)Estimated AUM · checked Jul 3, 2026
Website (uncmc.unc.edu)Investment team · checked Jul 4, 2026