# Punahou School

Punahou School is an Endowment / Foundation based in Honolulu, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Honolulu, United States
- **Region:** North America
- **Address:** Honolulu, HI, United States
- **Founded:** 1841
- **Assets under management:** Undisclosed
- **Website:** punahou.edu
- **LinkedIn:** https://www.linkedin.com/school/punahou-school/

## Regulatory record

- **Reports private funds:** No

## About

Punahou School opened in 1841 as a Protestant mission school in Honolulu and now operates as a private, co-educational K-12 college-preparatory institution. Its endowment has been built over generations, drawing on a donor base that includes prominent alumni — eBay founder Pierre Omidyar, AOL co-founder Steve Case, and former US President Barack Obama (Class of 1979) all count as former students or trustees. The school's investment committee, chaired by former Hawaiian Electric Industries CEO Constance Hee Lau, governs the portfolio alongside a board of trustees led by Servco Pacific CEO Mark H. Fukunaga. Punahou's investment posture reflects its status as a permanent institution with a long-return horizon. Punahou does not publicly disclose its endowment size or total deployment. The investment team operates out of the main Honolulu campus at 1601 Punahou Street, with no separate investment offices advertised. On the philanthropic side, the school houses the Luke Center for Public Service and organizes the annual Punahou Carnival, a community fundraising event. The Mary Kawena Pukui Learning Commons project, a campus capital project, was progressing through early 2026 per the school's bulletin, representing a visible use of institutional capital alongside ongoing donor gifts. A structural distinguishing factor is the endowment's unusual exposure to a concentrated alumni network that includes technology founders with venture-scale capital. Rather than a traditional allocation model, the investment committee can tap into a network of entrepreneurs who themselves are among the world's most active technology investors, creating a sourcing channel that few K-12 endowments can match. The board's trustee roster mirrors this: technology wealth, utility-sector leadership, and legacy family business sit on the same investment committee.

## Sectors

- Education
- Philanthropic / Mission-Related Investing

## People

- Mike Latham — President

## Questions

### Who governs investment decisions at Punahou?

The Board of Trustees oversees the endowment through its Investment Committee, chaired by Constance Hee Lau, former president and CEO of Hawaiian Electric Industries. The committee sets asset allocation and approves investment policies; day-to-day execution is delegated to the school's internal finance team under the president's office.

### Does Punahou School disclose its endowment size?

No. The school does not publicly report endowment assets. All AUM figures are therefore undisclosed, and no Altss estimate is available due to lack of regulatory filings or voluntary disclosures.

### How does Punahou source deals or fund commitments?

The investment committee draws on a board of trustees that includes technology operators and executives with direct access to venture and start-up ecosystems. Punahou does not market itself as a co-investment partner, but the network breadth of its trustees creates an informal sourcing pipeline.

### What is the Case Accelerator for Student Entrepreneurship?

It is an on-campus program preparing students to launch ventures, funded in part by AOL co-founder and Punahou alumnus Steve Case. While primarily an educational initiative, the accelerator reinforces a culture of entrepreneurship within the endowment's donor-alumni circle.

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- [Puma Venture Capital](https://altss.com/profile/puma-venture-capital)
- [Pundi X](https://altss.com/profile/pundi-x)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/punahou-school

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