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Phillips Academy Endowment Andover
Phillips Academy was founded in 1778 by Samuel Phillips Jr. The endowment, managed from a dedicated New York office, supplies operating support that sustains...
Phillips Academy Endowment Andover
Phillips Academy was founded in 1778 by Samuel Phillips Jr. The endowment, managed from a dedicated New York office, supplies operating support that sustains the school's financial aid commitments. The portfolio includes commitments to private equity through TA Associates Management and real estate via Starwood Capital Group, alongside TSG Consumer Partners. Additional exposure covers hedge funds, distressed situations, and direct co-investments. Geographic reach extends to Africa, Asia, Europe, and the Middle East in addition to North America. The endowment reports six investment professionals. The investment office maintains relationships with Cambridge Associates as advisor and Northern Trust as custodian. A January 2025 panel addressed endowment performance and asset allocation. The structure features an independent investment office reporting to a board investment committee that includes external members such as Gil Caffray, creating separation between school operations and capital allocation decisions.
General information
Firm type
Endowment / Foundation
Year founded
1778
Location
Region
North America
Country
United States
City
Andover
Corporate office
180 Main Street, Andover, MA 01810, United States
Additional offices
New York, NY
Principals
Amy C. Falls
President of the Board of Trustees
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Phillips Academy Endowment Andover?
Kirsten Landers Glantz serves as Chief Investment Officer. Gil Caffray chairs the Investment Committee.
Does Phillips Academy Endowment Andover participate in fund commitments or only direct deals?
The endowment acts as a limited partner in funds managed by TA Associates Management, Starwood Capital Group, and TSG Consumer Partners.
What asset classes does the endowment allocate to?
Allocations include private equity, real estate, hedge funds, and distressed situations, with additional real assets exposure.
Where does the underlying wealth come from?
The endowment originates from the founding of Phillips Academy by Samuel Phillips Jr. in 1778 and subsequent donations.
How is the investment office structured relative to the school?
The New York-based investment office operates separately from the Andover campus and reports to the board investment committee.
Profile maintained by Altss 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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