Updated:
Cornell University Endowment
The endowment traces to 1865 with the founding of Cornell University. Kenneth Miranda serves as chief investment officer. The structure channels returns...
Cornell University Endowment
The endowment traces to 1865 with the founding of Cornell University. Kenneth Miranda serves as chief investment officer. The structure channels returns directly to the university's core academic functions rather than external beneficiaries. The Long Term Investment Pool holds the bulk of assets. Commitments run to managers including Oaktree Capital Management, New Enterprise Associates, Investcorp, Ardian, and U.S. Venture Partners. Geographic exposure centers on the United States with additional activity in Europe. Positions also include public holdings such as Exxon Mobil and short-duration Treasury ETFs reported in 2024 filings. The investment office maintains 11 professionals in New York. It participates in industry groups including NACUBO and the Ivy League Endowment Group. In February 2024 the office appeared as a speaker at the Global Fund Finance Symposium in Miami. Governance rests with the university Board of Trustees and its Investment Committee. Howard L. Morgan chairs the committee while Bobby Jain serves as vice chair. This board-led model separates endowment management from day-to-day university administration.
General information
Firm type
Endowment / Foundation
Year founded
1865
AUM
11800 (Altss estimate)
Location
Region
North America
Country
United States
City
New York
Corporate office
1155 Avenue of the Americas, Suite 1850, New York, NY 10036, United States
Principals
Kenneth Miranda
Chief Investment Officer
Howard L. Morgan
Chair of the Investment Committee
Bobby Jain
Vice Chair of the Investment Committee
Sector focus
Frequently asked questions
Who runs investment decisions at Cornell University Endowment?
Kenneth Miranda serves as chief investment officer. The Board of Trustees Investment Committee, chaired by Howard L. Morgan with Bobby Jain as vice chair, sets policy.
Does Cornell University Endowment participate in fund commitments or only direct deals?
The endowment commits capital to external managers. Confirmed relationships include Oaktree Capital Management, New Enterprise Associates, Investcorp, Ardian, and U.S. Venture Partners.
What asset classes does the endowment allocate to?
Allocations cover public equities, fixed income, private equity, venture capital, and real assets including natural resources and real estate.
Where does the endowment maintain its primary operations?
The investment office is located at 1155 Avenue of the Americas in New York. The university's main campus sits in Ithaca.
How is the endowment governed relative to the university?
The Board of Trustees and Investment Committee establish policy. The investment office implements that policy with day-to-day management separated from academic administration.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: