Claremont McKenna College Endowment

Claremont McKenna College Endowment

Claremont McKenna College established its endowment in 1946 to sustain operations at the selective liberal arts college in Claremont, California. The Claremont Investment Fund, formed in 2018 as a Type I supporting organization, holds and manages those assets for the college and Harvey Mudd College. The endowment allocates across private equity, hedge funds, real estate, natural resources, and venture capital vehicles. Confirmed holdings include commitments to KKR funds, TDR Capital IV, Sequoia Capital China Growth Fund I, and Sequoia Capital U.S. Growth Fund IV. Geographic exposure spans North America, Europe, Asia, and Africa. Direct co-investments and fund-of-funds structures supplement the core manager program. The endowment reports 158 employees and maintains relationships with Cambridge Associates, Northern Trust, and PwC. Claremont Investment Management Company handles day-to-day administration. A 2025 presidential search committee event at the college involved endowment leadership. The structure ties investment decisions to the college's governance through the Board of Trustees and the Claremont Investment Fund board, creating direct oversight by alumni trustees including Henry Kravis and George Roberts.