# Claremont McKenna College Endowment

Claremont McKenna College Endowment is an Endowment based in Claremont, United States.

## Overview

- **Organization type:** Endowment
- **Headquarters:** Claremont, United States
- **Region:** North America
- **Address:** 500 East Ninth Street, Claremont, CA, United States
- **Founded:** 1946
- **Assets under management:** 1320 (Altss estimate)
- **Website:** cmc.edu
- **LinkedIn:** https://www.linkedin.com/school/claremont-mckenna-college/

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Private Equity
- Hedge Funds
- Real Estate
- Venture Capital

## People

- James Floyd — President and CEO of Claremont Investment Fund
- Kenneth Valach — Chair of the Claremont Investment Fund
- Erin Watkins — Chief Operating and Financial Officer of Claremont Investment Management Company

## Questions

### Who runs investment decisions at Claremont McKenna College Endowment?

James Floyd serves as President and CEO of the Claremont Investment Fund. Kenneth Valach chairs the fund board. Erin Watkins acts as COO and CFO of the management company.

### Does the endowment participate in fund commitments or only direct deals?

The endowment commits to external funds including KKR, TDR Capital, and Sequoia vehicles. It also maintains a direct co-investments program and a student-managed public equity portfolio.

### What asset classes does the endowment hold?

Holdings include private equity, hedge funds, real estate, natural resources, and venture capital. Real asset exposure covers US commercial property and global energy partnerships.

### How is the endowment related to Claremont McKenna College?

The Claremont Investment Fund operates as a supporting organization exclusively for the college and Harvey Mudd College. It provides annual distributions while preserving principal.

### Which regions receive endowment capital?

Investments reach North America, Europe, Asia, Africa, and the Middle East. Specific fund commitments target the US, UK, China, and India.

## Related profiles

- [Allegis Investment Services](https://altss.com/profile/allegis-investment-services-llc)
- [Carter Financial Management](https://altss.com/profile/carter-financial-management)

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

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

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology