Endowment / Foundation

Updated:

NMSU Foundation

The NMSU Foundation was established in 1959 to secure and invest private gifts for New Mexico State University. It operates as the primary vehicle for alumni...

NMSU Foundation logo

NMSU Foundation

The NMSU Foundation was established in 1959 to secure and invest private gifts for New Mexico State University. It operates as the primary vehicle for alumni and donor contributions to the institution. The foundation deploys capital across global equities, opportunistic credit, and private markets limited partnerships. Confirmed holdings include positions in Our Way Holdings LLC and Our Way Holdings II LLC. Direct real estate assets are held through Real Estate Holdings of NMSU Foundation, LLC in Las Cruces. Geographic exposure centers on the United States with additional private market commitments outside the country. Assets under management stand at $358 million. The foundation maintains offices solely in Las Cruces. It participates in the Angeles Investors network and received the Higher Education Impact Award. In April 2024 the foundation sponsored the 1888 Minutes of Giving event focused on university fundraising. Governance centers on a board that includes family relationships among members and maintains formal ties to the Hunt Family Foundation for scholarship programs. Investment execution occurs through external advisors including Angeles Investment Advisors and Spence Asset Management.

General information

Firm type

Endowment / Foundation

Year founded

1959

AUM

$500M

Location

Region

North America

Country

United States

City

Las Cruces

Corporate office

1305 North Horseshoe Drive Dove Hall, Room 212, Las Cruces, NM 88003, United States

Principals

Louis A. Vega

Board Chair

Sector focus

Real EstatePrivate Equity

Frequently asked questions

Who runs investment decisions at NMSU Foundation?

External advisors Angeles Investment Advisors and Spence Asset Management execute day-to-day investment management under board oversight.

Does NMSU Foundation participate in fund commitments or only direct deals?

The foundation holds limited partnership interests in private markets and opportunistic credit vehicles in addition to direct real estate ownership.

What asset classes does NMSU Foundation hold?

Holdings include global equity portfolios, opportunistic credit, mutual funds, corporate securities, and mixed-use real estate in Las Cruces.

Where does the underlying capital come from?

Capital originates from private gifts, alumni donations, and endowment contributions designated for New Mexico State University programs.

How is NMSU Foundation related to New Mexico State University?

The foundation exists solely to support NMSU through investment returns directed to academic programs, scholarships, and university initiatives.

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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