University of Southern California Investment Office

Overview

USC’s endowment supports scholarships, faculty, research, and other academic and institutional priorities.¹

The endowment provides annual spending support for USC academic and donor-designated uses.¹

Estimated AUM: $9B as of Jun 30, 2025³
Capital pool: university endowment²
Investment model: They are harder to win than a pension because the bar for manager selection is high, but once won, they are among the most durable LPs a firm can have.⁴
Investment approach: Because the principal is invested for long-term growth, an endowment lasts in perpetuity.⁵
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, real estate, infrastructure, public markets, fixed income.⁴
Performance: Not listed yet
Governance: University launches USC Open Dialogue Project Student Advisory Board The six-student team is helping with outreach, social media and student-facing programs for the project.²
Investment team: Focus Alternatives-focused investment consulting and direct lending across private markets Visit → Investment Consultant Firm-reported Fund Evaluation Group Cincinnati, OH AUM $95 billion advised Fund Evaluation Group, known as FEG, is an investment advisory firm providing both consulting and outsourced CIO services to institutional investors.⁴
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 (giving.usc.edu)Parent organization overview, Pool purpose, Investment office page · checked Jul 3, 2026
Website (usc.edu)Institution type, Capital pool, Headquarters, Governance · checked Jul 3, 2026
Other source (praxisrock.com)Estimated AUM · checked Jul 3, 2026
Website (praxisrock.com)Investment model, Asset allocation, Investment team · checked Jul 4, 2026
Annual report (giving.usc.edu)Investment approach · checked Jul 4, 2026