Updated:
Fairfield University Endowment
Fairfield University was founded in 1942. Its endowment operates as the primary vehicle for long-term financial support of academic programs and campus...
Fairfield University Endowment
Fairfield University was founded in 1942. Its endowment operates as the primary vehicle for long-term financial support of academic programs and campus operations. President Mark R. Nemec oversees the institution alongside CFO Michael Trafecante, who manages endowment allocations. The endowment deploys capital through fund-of-funds commitments, hedge fund exposures and direct holdings. Confirmed positions include VOO, VNQ and SPDW ETFs reported in Q2 2025 13F filings. It also maintains limited partner interests in Northgate Private Equity Partners II and Patria Capital Partners vehicles. Geographic exposure centers on the United States with additional allocations to developed international markets. The endowment reports $503 million in assets. It maintains a 200-acre main campus plus a Bridgeport satellite location. Student vehicles include the Student Managed Investment Fund at approximately $500,000 and the Fairfield Investment Group at $230,000. The university belongs to NACUBO and the Student Managed Investment Fund Consortium. No operational events from the last 24 months appear in available records. The endowment maintains a hybrid governance model in which trustees such as Sheila Kearney Davidson and Brian P. Hull, both with prior roles at major financial institutions, sit alongside academic leadership. This board composition shapes allocation decisions and advisor selection.
General information
Firm type
Endowment / Foundation
Year founded
1942
Location
Region
North America
Country
United States
City
Fairfield
Corporate office
1073 North Benson Road, Fairfield, CT 06824, United States
Additional offices
Bridgeport, CT
Principals
Mark R. Nemec
President
Michael Trafecante
Vice President for Finance and CFO
Sheila Kearney Davidson
Chair of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Fairfield University Endowment?
CFO Michael Trafecante oversees endowment allocations. The Board of Trustees, chaired by Sheila Kearney Davidson, approves major decisions. External advisors include Commonfund and Cambridge Associates.
Does Fairfield University Endowment participate in fund commitments or only direct deals?
The endowment holds both fund commitments and direct positions. It maintains limited partner interests in private equity vehicles and reports public equity holdings through 13F filings.
What investment stages does Fairfield University Endowment typically target?
The endowment allocates across public market ETFs, hedge funds and private equity funds. It does not disclose a specific stage focus beyond diversified exposure.
How is Fairfield University Endowment related to the university's art collection?
The endowment directly owns the Fairfield University Art Museum collection of over 2,600 objects. Key holdings include the Samuel H. Kress Collection and the James Reed Print Collection.
Where does the underlying wealth come from for Fairfield University Endowment?
The endowment is funded through university operations, donations and investment returns. It supports financial aid covering approximately 80 percent of students via The Fairfield Fund.
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: