Amherst College Endowment

Amherst College Endowment

The Amherst College Endowment was established with the college in 1821. Its legal entity is The Trustees of Amherst College. The endowment supplies ongoing funding for financial aid, faculty positions and campus operations. The endowment invests through external managers in private equity, venture capital, hedge funds, private credit, real estate and natural resources. Confirmed limited-partner relationships include Apax Partners, New Enterprise Associates, BC Partners, TA Associates and Stone Point Capital. Geographic exposure spans North America, Europe and Asia. A natural resources allocation represents 2 percent of the portfolio. The investment office is based in Boston. The endowment maintains direct ownership of campus real estate including the Amherst College Campus, Book & Plow Farm, Inn on Boltwood and the Emily Dickinson Museum. It also holds the Mead Art Museum collection and participates in the Intentional Endowments Network and the Investor Network on Climate Risk. In May 2025 the endowment briefed alumni on portfolio performance and changes. Governance rests with the Board of Trustees and its Investment Committee. Committee members include Simon Krinsky of Hall Capital Partners and Nick Zerbib of Stone Point Capital. This structure separates endowment management from the college's operating budget while tying spending policy to long-term returns.