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Embry-Riddle Aeronautical University Endowment
The endowment was established alongside Embry-Riddle Aeronautical University in 1926. It functions under university governance with oversight from the Board of...
Embry-Riddle Aeronautical University Endowment
The endowment was established alongside Embry-Riddle Aeronautical University in 1926. It functions under university governance with oversight from the Board of Trustees finance and investment committees. The endowment maintains exposure to public funds, private credit partnerships, and direct holdings through the MicaPlex incubator. Confirmed positions include interests in Censys Technologies Corporation and AURA AERO. Geographic reach spans North America and Europe through research partnerships and portfolio companies. The university employs 2,639 staff across Daytona Beach and Prescott campuses. Adjacent vehicles include the Eagles Care Student Emergency Assistance Fund established in 2020 and the Embry-Riddle Philanthropy Council. No operational events specific to the endowment were recorded in the last 24 months. Investment decisions rest with the university's internal finance team and external advisors including Commonfund rather than a standalone investment office.
General information
Firm type
Endowment / Foundation
Year founded
1926
Location
Region
North America
Country
United States
City
Daytona Beach
Corporate office
1 Aerospace Blvd, Daytona Beach, Florida, United States
Principals
Randall B. Howard
Senior Vice President of Finance and Chief Financial Officer
P. Barry Butler
President
Sector focus
Frequently asked questions
Who runs investment decisions at the Embry-Riddle Aeronautical University Endowment?
Randall B. Howard serves as Senior Vice President of Finance and Chief Financial Officer with responsibility for endowment oversight. The Board of Trustees maintains finance and investment committees that include Jay Amalfitano and Juan C. Andrade.
Does the endowment participate in fund commitments or only direct deals?
The endowment holds positions in public funds such as American Funds EuroPacific Growth Fund and maintains limited partner exposure to private equity and private credit partnerships.
What asset classes does the endowment hold?
Holdings include public equities, private credit, infrastructure-related assets, and startup positions through the MicaPlex Technology Business Incubator.
Where does the underlying wealth come from?
The endowment receives contributions from university operations, alumni donations, and named gifts including those from the Kenn and Pamela Ricci Family and Hyatt Brown.
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.
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