Endowment / Foundation

Updated:

Rutgers, The State University of New Jersey

Rutgers, The State University of New Jersey was established in 1766. It functions as a statewide research and health system with campuses in New Brunswick,...

Rutgers, The State University of New Jersey logo

Rutgers, The State University of New Jersey

Rutgers, The State University of New Jersey was established in 1766. It functions as a statewide research and health system with campuses in New Brunswick, Newark, and Camden. The Rutgers University Foundation, formed in 1973, handles development and donor relations. The endowment allocates across hedge funds, private equity, real estate, infrastructure, and natural resources. Confirmed positions include limited partnership interests in Spark Capital, Atlas Venture, Slow Ventures, and NVP Capital. Geographic exposure centers on the United States with additional activity in venture and real estate assets located in New Jersey. The portfolio also contains direct holdings such as the Technology Centre of New Jersey and the Waterfront Technology Center. The university employs 11,071 people and maintains memberships in the Association of American Universities and the Big Ten Academic Alliance. Service providers include NEPC as investment advisor since 2019 and BNY Mellon as custodian. The endowment reports an ESG policy that includes fossil fuel divestment resolutions. Governance flows through the Joint Committee on Investments, which provides fiduciary oversight separate from academic operations.

General information

Firm type

Endowment / Foundation

Year founded

1766

Location

Region

North America

Country

United States

City

New Brunswick

Corporate office

303 Cooper Street, New Brunswick, New Jersey, United States

Principals

Jason MacDonald

Chief Investment Officer

Amy L. Towers

Chair of the Board of Governors

Sector focus

Digital HealthClimateTechEnergy Transition & RenewablesHealthcare ServicesAgriTech & FoodTech

Frequently asked questions

Who runs investment decisions at Rutgers University?

Jason MacDonald serves as Chief Investment Officer. The Joint Committee on Investments provides fiduciary oversight for endowment assets.

Does Rutgers participate in fund commitments or only direct deals?

The endowment acts as a limited partner in multiple venture funds including Spark Capital and Atlas Venture. It also holds direct real estate and infrastructure assets.

What asset classes does the Rutgers endowment target?

Allocations include hedge funds, private equity, real estate, infrastructure, natural resources, and philanthropic investments. A $459 million hedge fund allocation forms part of the alternatives sleeve.

Where does the Rutgers endowment maintain geographic exposure?

Primary exposure is in the United States. Direct holdings are concentrated in New Jersey with additional venture commitments across domestic managers.

Does Rutgers maintain an ESG policy?

The investment policy includes resolutions for divestment from fossil fuels and seeks opportunities in renewable energy and energy efficiency.

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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