Endowment / Foundation

Updated:

Davidson College Endowment

The Davidson College Endowment was established alongside the college in 1837. Its mandate centers on generating perpetual income for the liberal arts...

Davidson College Endowment logo

Davidson College Endowment

The Davidson College Endowment was established alongside the college in 1837. Its mandate centers on generating perpetual income for the liberal arts institution in Davidson, North Carolina. Raymond A. Jacobson leads an internal team of three investment professionals. Allocations span hedge funds, private equity, real estate, infrastructure, and natural resources. Confirmed exposures include commitments to Sequoia Capital funds, HarbourVest Partners, Kimmeridge energy strategies, and multiple SBIC vehicles. The portfolio also holds direct real assets on campus and a permanent art collection exceeding 4,200 works. Geographic reach centers on North America with supplementary global holdings through fund managers. The endowment maintains membership in NACUBO and participates in SBIA events. December 2024: Spoke at the SBIA National Summit on historical SBIC returns. Investure, LLC has acted as OCIO since 2003. KPMG serves as auditor. The structure relies on an external OCIO paired with a small in-house team that retains oversight of alternatives and real assets. This hybrid model separates day-to-day execution from trustee-level policy decisions.

General information

Firm type

Endowment / Foundation

Year founded

1837

Location

Region

North America

Country

United States

City

Davidson

Corporate office

209 Ridge Road, Davidson, North Carolina, United States

Principals

Raymond A. Jacobson

Chief Investment Officer

David D. Demeter

Managing Director

Christopher J. Barrera

Director of Investment Operations

Sector focus

DiversifiedClimateTechPrivate EquityHedge FundsReal EstateNatural Resources

Frequently asked questions

Who runs investment decisions at Davidson College Endowment?

Raymond A. Jacobson serves as Chief Investment Officer. David D. Demeter leads hedge fund, venture, and private equity allocations. Christopher J. Barrera oversees investment operations.

Does Davidson College Endowment use an outsourced chief investment officer?

Investure, LLC has served as OCIO since 2003. The internal team of three retains policy oversight and alternatives monitoring.

What asset classes appear in the Davidson College Endowment portfolio?

Holdings include hedge funds, private equity, real estate, infrastructure, and natural resources. Direct campus real assets and an art collection form additional exposures.

Which external managers are known in the Davidson College Endowment portfolio?

Confirmed positions include Sequoia Capital funds, HarbourVest Partners, Kimmeridge, and multiple SBIC vehicles.

Where does the Davidson College Endowment source deal flow for alternatives?

Participation in SBIA programs and relationships with fund-of-funds managers supply SBIC and private equity exposure.

Profile maintained by 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.

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