# Amherst College Endowment

Amherst College Endowment is an Endowment / Foundation based in Amherst, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Amherst, United States
- **Region:** North America
- **Address:** 220 South Pleasant Street, Amherst, MA, United States
- **Founded:** 1821
- **Assets under management:** 3900 (Altss estimate)
- **Website:** amherst.edu
- **LinkedIn:** https://www.linkedin.com/school/amherstcollege/

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Private Equity
- Venture Capital
- Real Estate
- Natural Resources
- ClimateTech

## People

- Letitia Johnson — Chief Investment Officer

## Questions

### Who runs investment decisions at Amherst College Endowment?

Letitia Johnson serves as Chief Investment Officer. She joined in 2019 from Cambridge Associates and leads the investment office.

### Does Amherst College Endowment participate in fund commitments or only direct deals?

The endowment acts primarily as a limited partner in external funds. Documented relationships include commitments to Apax Partners, New Enterprise Associates and TA Associates.

### What asset classes does the endowment allocate to?

Allocations include private equity, venture capital, hedge funds, private credit, real estate and natural resources. Public equities are managed both directly and through external managers.

### How is the Folger Shakespeare Memorial Library Endowment related to Amherst College?

The Folger endowment forms part of the same long-term investment pool and is valued at approximately $510 million. It is managed under the same investment policy.

### Which organizations does the endowment belong to for sustainable investing?

The endowment is a member of the Intentional Endowments Network and the Investor Network on Climate Risk through Ceres. It has held membership in the latter since 2015.

## Related profiles

- [Advance Capital Management](https://altss.com/profile/advance-capital-management)
- [Ethniki Insurance](https://altss.com/profile/ethniki-insurance)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/amherst-college-endowment

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