Endowment / Foundation

Updated:

Pomona College Endowment Fund

The Pomona College Endowment Fund was established alongside the college in 1887. It functions as a dedicated investment vehicle funded by donations. David S.

Pomona College Endowment Fund logo

Pomona College Endowment Fund

The Pomona College Endowment Fund was established alongside the college in 1887. It functions as a dedicated investment vehicle funded by donations. David S. Wallace leads day-to-day management while an investments committee provides oversight. The fund allocates across public equities, private equity funds, timberland, energy land, and real property. Confirmed commitments include limited partnership interests in Apax Partners, IK Partners, Europa Capital, Sevin Rosen Funds, and Polaris Partners. Geographic exposure centers on the United States and the United Kingdom. Direct real estate holdings concentrate in Claremont, California, and include mixed-use parcels plus faculty housing. The endowment reports $3.25 billion in assets. It maintains an office of real property that oversees campus-adjacent holdings. The firm belongs to NACUBO. No material operational changes occurred in the last 24 months. Governance rests with the college board and its investments committee rather than a separate family entity. This ties investment decisions directly to institutional academic priorities and long-term spending rules.

General information

Firm type

Endowment / Foundation

Year founded

1887

Location

Region

North America

Country

United States

City

Claremont

Corporate office

333 N. College Way, Claremont, CA, United States

Principals

David S. Wallace

Chief Investment Officer

Peter Sasaki

Chair of the Investments Committee

Jeff Parks

Vice Chair of the Investments Committee

Wei Hopeman

Investments Committee Member

Bobby Lee

Investments Committee Member

Sector focus

Real EstatePrivate Equity

Frequently asked questions

Who runs investment decisions at Pomona College Endowment Fund?

David S. Wallace serves as Chief Investment Officer. An investments committee chaired by Peter Sasaki provides oversight and includes Jeff Parks, Wei Hopeman, and Bobby Lee.

Does Pomona College Endowment Fund participate in fund commitments or only direct deals?

The fund holds limited partnership interests in multiple private equity firms. It also maintains direct ownership of real property and timber and energy land holdings.

What asset classes appear in the Pomona College Endowment Fund portfolio?

Public equities, private equity funds, timberland, energy-producing land, and mixed-use real estate in Claremont, California form the main exposures.

Where does the Pomona College Endowment Fund maintain geographic exposure?

Core holdings sit in the United States with additional private equity commitments in the United Kingdom.

How is the Pomona College Endowment Fund related to the college itself?

The endowment operates as a permanent pool inside Pomona College. Returns directly fund scholarships, faculty research, and institutional operations.

Does Pomona College Endowment Fund maintain philanthropic structures?

The endowment itself supplies the college's primary philanthropic capital. A separate Frog Rock Foundation exists but is tied to one trustee rather than the endowment.

Which service providers support Pomona College Endowment Fund operations?

KPMG serves as auditor. TIAA, Fidelity Investments, and The Vanguard Group administer retirement plans.

Profile maintained by 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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