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Hofstra University Endowment
The Hofstra University Endowment was established in 1935 alongside the founding of the university. It functions as the primary vehicle for long-term investment...
Hofstra University Endowment
The Hofstra University Endowment was established in 1935 alongside the founding of the university. It functions as the primary vehicle for long-term investment returns that fund student aid and faculty initiatives. The Board of Trustees, including Michael Roberge and David S. Mack, provides governance. Asset allocation includes a 9.69 percent position in private equity. Confirmed holdings run through HarbourVest Partners, Sequel Holdings, and Topspin Partners. The portfolio maintains exposure across the United States with additional holdings in real estate and hedge fund vehicles. Liquidity terms confirm a significant allocation to illiquid alternatives. The endowment reports $884 million in assets. It maintains relationships with service providers including BNY Mellon as custodian since 2023 and HarbourVest Partners as advisor since 2010. The university participates in the NACUBO-Commonfund Study of Endowments. Governance rests with the university's Board of Trustees rather than a dedicated external CIO structure.
General information
Firm type
Endowment / Foundation
Year founded
1935
Location
Region
North America
Country
United States
City
Hempstead
Corporate office
101 Hofstra University, Hempstead, New York, United States
Principals
Michael Roberge
Chair of the Board of Trustees
David S. Mack
Secretary of the Board of Trustees
Peter S. Kalikow
Trustee
Alan J. Bernon
Trustee
Steve Witkoff
Trustee
Frank G. Zarb
Chair Emeritus
Sector focus
Frequently asked questions
Who runs investment decisions at Hofstra University Endowment?
The Board of Trustees provides oversight. Michael Roberge serves as chair. Day-to-day management occurs through the university's Treasury Operations.
Does Hofstra University Endowment participate in fund commitments or only direct deals?
The endowment commits to funds. It holds positions through HarbourVest Partners and other vehicles.
What asset classes does the endowment allocate to?
Allocations include private equity at 9.69 percent. Additional exposure exists in real estate, hedge funds, and public equities.
Where does the underlying wealth come from?
The endowment draws from university donations and investment returns. No single family wealth origin is disclosed.
How is the endowment related to Hofstra University?
It operates as an internal fund of the university. Returns support scholarships, faculty research, and academic programs.
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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