# Wake Forest University Endowment

Wake Forest University Endowment is an Endowment / Foundation based in Winston-Salem, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Winston-Salem, United States
- **Region:** North America
- **Address:** 1834 Wake Forest Road, Winston-Salem, North Carolina, United States
- **Founded:** 1834
- **Assets under management:** 3233 (Altss estimate)
- **Website:** wfu.edu
- **LinkedIn:** https://www.linkedin.com/school/wake-forest-university/

## Regulatory record

- **Reports private funds:** No

## About

Wake Forest University was founded in 1834. Its endowment consists of quasi-endowment and restricted funds that finance academic and research activities. Verger Capital Management has served as the primary investment advisor since 2014. The endowment allocates across private equity, venture capital, hedge funds, real estate, and natural resources. Confirmed exposures include an Australian agricultural co-investment through Schroders Capital and Merit Energy positions in the United States. Geographic reach covers North America and Oceania. Direct co-investments and SPVs supplement fund commitments. The university maintains 8534 employees and holds multiple properties in Winston-Salem. Verger Capital also manages the endowment for Salem Academy and College. No recent operational events specific to the endowment appear in available records. Verger Capital operates as an independent advisor owned by the university, creating a hybrid model where the endowment outsources investment execution while retaining governance control through the board of trustees.

## Sectors

- Diversified
- AgriTech & FoodTech

## People

- Jim Dunn — CEO and Founder of Verger Capital Management

## Questions

### Who runs investment decisions at Wake Forest University Endowment?

Verger Capital Management, led by CEO Jim Dunn, serves as the primary investment advisor. Dunn previously acted as the university's chief investment officer.

### Does the endowment participate in fund commitments or only direct deals?

The endowment uses both fund commitments and direct co-investments or SPVs. Positions include private equity, venture capital, and real asset co-investments.

### What investment stages does the endowment target?

The endowment targets buyout, growth, and venture capital stages. It also maintains allocations to distressed and turnaround situations.

### How is the endowment related to Verger Capital Management?

Verger Capital Management functions as the dedicated investment advisor. The university owns Verger, which also serves other clients such as Salem Academy and College.

## Related profiles

- [Systima Capital Management](https://altss.com/profile/systima-capital-management-llc)
- [American Home Assurance Company](https://altss.com/profile/american-home-assurance-company)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/wake-forest-university-endowment

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology