# Pepperdine University Endowment

Pepperdine University Endowment is an Endowment / Foundation based in Malibu, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Malibu, United States
- **Region:** North America
- **Address:** 24255 Pacific Coast Highway, Malibu, CA 90263-4497, United States
- **Founded:** 1937
- **Assets under management:** 1319 (Altss research record) (Altss estimate)
- **Website:** pepperdine.edu
- **LinkedIn:** https://www.linkedin.com/school/pepperdine-university/

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Diversified
- Energy Transition & Renewables
- Healthcare Services
- Real Estate

## People

- Jeff Rohde — Chief Investment Officer
- Michael Nicks — Deputy Chief Investment Officer
- Faye Holton — Director of Investments/Operations

## Questions

### Who runs investment decisions at Pepperdine University Endowment?

Jeff Rohde serves as Chief Investment Officer. Michael Nicks acts as Deputy Chief Investment Officer with responsibility for alternatives and digital assets. Faye Holton directs investment operations.

### Does Pepperdine University Endowment participate in fund commitments or only direct deals?

The endowment holds limited partner interests in funds managed by Charterhouse Capital Partners, The Carlyle Group, and Brevan Howard. It also maintains direct ownership of Malibu commercial and residential properties through separate entities.

### What investment stages does Pepperdine University Endowment typically target?

The office confirms allocations to venture capital and early-stage strategies. It also deploys across buyout, distressed debt, and secondaries through external managers.

### How is Pepperdine University Endowment related to its parent university?

The endowment operates as the primary long-term investment vehicle for Pepperdine University. It remains distinct from university operating real estate held through Wave Enterprises, Inc. and Pepperdine Real Estate Operations.

### What is Pepperdine University Endowment's known posture on co-investments alongside external GPs?

The record shows limited partner commitments to external private equity and real estate managers. No direct co-investment program is disclosed.

## Related profiles

- [Carter Financial Management](https://altss.com/profile/carter-financial-management)
- [Apoteket Pension Fund](https://altss.com/profile/apoteket-pension-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/pepperdine-university-endowment

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