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The Arkansas State University System Foundation
The Arkansas State University System Foundation was founded in 1977 as a nonprofit corporation. Nicole Frey leads the organization as president.
The Arkansas State University System Foundation
The Arkansas State University System Foundation was founded in 1977 as a nonprofit corporation. Nicole Frey leads the organization as president. Its mandate centers on raising and deploying private capital to support the Arkansas State University System. The foundation allocates across hedge funds, venture capital partnerships, growth equity, mezzanine debt, and secondaries. Confirmed holdings include positions in commercial real estate such as the Judd Hill Center and residential properties including VC Kays House. Geographic exposure remains concentrated in Arkansas with additional activity through national fund commitments. Co-investors include the Judd Hill Foundation and the Windgate Foundation. The foundation reports an estimated $110 million under management. It maintains related vehicles including the Arkansas State University Real Estate Foundation Inc. and the Arkansas State University Red Wolves Foundation, Inc. Professional affiliations include NACUBO and the Association of Governing Boards of Universities and Colleges. Governance separates investment decisions from university operations through an independent board structure. Mark Ammerman chairs the investment committee.
General information
Firm type
Endowment
Year founded
1977
Location
Region
North America
Country
United States
City
Jonesboro
Corporate office
AR, United States
Principals
Nicole Frey
President
Mark Ammerman
Chair of the Investment Committee
Sector focus
Frequently asked questions
Who runs investment decisions at the Arkansas State University System Foundation?
Nicole Frey serves as president. Mark Ammerman chairs the investment committee.
What asset classes does the foundation allocate to?
Allocations include hedge funds, venture capital, growth equity, mezzanine, and secondaries.
Does the foundation make direct investments or only fund commitments?
It maintains both fund commitments and direct holdings in real estate and other assets.
Where does the foundation deploy capital geographically?
Primary activity centers in Arkansas with national exposure through fund investments.
What related vehicles does the foundation maintain?
Related entities include the Arkansas State University Real Estate Foundation Inc. and the Arkansas State University Red Wolves Foundation, Inc.
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