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Stonehill College
Stonehill College was founded in 1948 by the Congregation of Holy Cross. The institution offers more than 100 academic programs focused on liberal arts,...
Stonehill College
Stonehill College was founded in 1948 by the Congregation of Holy Cross. The institution offers more than 100 academic programs focused on liberal arts, sciences, and business. Its endowment originates from that founding relationship and supports the college's educational mission. The endowment deploys capital across private equity, venture capital, real estate, and hedge funds. Confirmed positions include a limited partner stake in a private equity and hedge fund portfolio. Geographic exposure spans North America with indicated activity in Europe and the Middle East & Central Asia. Direct holdings include the main campus on the former Ames Estate, Easton Country Club land, and Moreau Hall. The endowment manages $307 million. The college maintains a 120,000 SF arena under development and collections such as the Arnold B. Tofias Industrial Archives. In September 2025 the Skyhawk Investment Group attended an advanced skills workshop in New York focused on equity research and Bloomberg terminal training. Additional offices are not disclosed. The endowment operates under a board structure with trustees drawn from finance and energy backgrounds, including a former Eversource Energy CEO. This governance ties investment decisions directly to the college's founding religious order and campus expansion needs.
General information
Firm type
Endowment / Foundation
Year founded
1948
Location
Region
North America
Country
United States
City
Easton
Corporate office
320 Washington Street, Easton, Massachusetts, United States
Principals
Thomas J. May
Chair of the Board of Trustees
Patrick D. Burke
Vice Chair of the Board of Trustees
Brian Doherty
Member of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Stonehill College?
Thomas J. May serves as Chair of the Board of Trustees. Patrick D. Burke serves as Vice Chair. Brian Doherty also sits on the board.
Does Stonehill College participate in fund commitments or only direct deals?
The endowment holds a limited partner position in a private equity and hedge fund portfolio. It also owns real estate assets directly.
Where does the underlying wealth come from?
The college was founded by the Congregation of Holy Cross in 1948. The endowment supports that founding mission.
What investment stages does Stonehill College typically target?
The endowment shows confirmed exposure to venture capital and private equity strategies.
How is Stonehill College related to Congregation of Holy Cross?
The Congregation of Holy Cross founded the college in 1948 and maintains a founder relationship per the Altss record.
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