Office of the President, University of Pennsylvania

Office of the President, University of Pennsylvania

The Office of the President, University of Pennsylvania was established in 2001 to administer the Health and Welfare Plan for Retirees and Disabled Employees. J. Larry Jameson serves as interim president through 2027. The plan supplies healthcare and death benefits to eligible university employees and affiliates. The plan allocates 21.61 percent to private equity. Confirmed commitments include Perry Creek Capital Fund II, Greenbriar Equity Fund IV, Kleiner Perkins Select Fund II and AH Bio Fund IV. Real estate exposure runs through Marcus Capital Partners Fund IV and IMT Capital Fund VI. Geographic focus centers on the United States with additional holdings in North America. The office reports 768 million dollars under management. It maintains direct ownership of Pennovation Works, the Pavilion at the Hospital of the University of Pennsylvania valued at 1.6 billion dollars, Amy Gutmann Hall and the Penn Club of New York. The Associated Investments Fund holds 24.8 billion dollars as the primary endowment vehicle. A Bitcoin position valued at 5 million dollars is custodied with NYDIG. The office operates as the administrative arm of a university rather than a standalone family office. Investment decisions flow through the Board of Trustees chaired by Ramanan Raghavendran. Governance ties directly to university leadership succession and statutory fiduciary duties under the pension plan.