Pepperdine University Endowment

Pepperdine University Endowment

Pepperdine University established its endowment in 1937. George Pepperdine created the university with proceeds from Western Auto Supply Company. The endowment supplies financial support to current students and builds cumulative resources for future operations. The portfolio includes hedge fund allocations through the Absolute Return Investment Pool valued at $75.45 million. Confirmed limited partner positions include Charterhouse Capital Partners, The Carlyle Group, and Europa Capital. The office also holds exposure to early-stage venture vehicles and maintains direct ownership of The Waves at Malibu office complex and Campus View Condominiums. Geographic reach covers North America, Europe, and Asia through fund commitments and campus-related assets. The investment office employs three named professionals. Additional domestic and international campuses support university operations in locations including London, Florence, and Buenos Aires. June 2024: Michael Nicks participated as panelist at the Global ARC Investor Education Forum on selection of alternative managers. The endowment maintains membership in NACUBO and CAASA. The structure separates endowment management from university real estate operations through distinct entities such as Pepperdine Real Estate Operations and Wave Enterprises, Inc. Governance flows through the Board of Regents with named members holding external roles at Morgan Stanley and Accel Partners.