The purpose of the Endowment is to provide steady support for the University’s current and future operating needs, while preserving real value for future generations.

Princo partners with skilled investment management firms across the globe and in diverse asset categories. Much of Princo’s success reflects its ability to select and gain access to top-tier managers, as well as engage with them constructively. This entails continuous, vigorous, yet cooperative dialogue, through which Princo seeks to encourage full utilization not only of manager skill but also of the Endowment’s natural advantages. Indeed, our strong partnership with managers has led to additional value creation.

Princo’s investment approach attempts to capitalize on a number of advantages enjoyed by the Endowment. The Endowment’s asset size is large enough to cost-effectively support the efforts needed to find the highly attractive opportunities that often occur far from the beaten path. Conversely, assets are not so great as to prevent certain niche opportunities from having a meaningful impact on the bottom line. The collective skill and experience of Princo Directors and Staff create analytic and judgmental edges. A vast network of dedicated alumni and University friends results in an informational advantage. And finally, the reputations of the University and of Princo are additional sources of strength. Princeton is considered a highly desirable client and is given access to the very best independent managers, often even when they are turning away other clients.

More information about Princo’s investment strategy can be found in the Report on Investments within the Report of the Treasurer.