Old Dominion University

Old Dominion University

Old Dominion University was established in 1930 as a public doctoral research university in Norfolk, Virginia. Brian Hemphill is its current president. The endowment and foundations receive and deploy capital to advance academic programs and campus infrastructure. The university allocates across real estate, private equity, venture capital, and infrastructure. Confirmed limited partner positions include Darwin Venture Capital, Park Street Private Equity Fund VI, Portfolio Advisors Private Equity Fund, Commonfund Capital Venture Partners, and Accolade Partners IV. Geographic focus remains North America with primary activity in Virginia. The Old Dominion University Educational Foundation, Real Estate Foundation, and Research Foundation each manage distinct mandates. Employee count stands at 2,927. Additional vehicles include the Barry Art Museum and Monarch Way mixed-use development. Recent activity includes participation at the Google Public Sector Summit in October 2025 on the MonarchSphere AI incubator. Service providers include Mercer as investment advisor and Kaufman & Canoles as legal counsel. The three-foundation structure separates gift administration, real estate operations, and grant management. This architecture allows independent oversight of endowment investments, campus development, and research contracts while reporting to the Board of Visitors.