Over the past year, Trinity’s endowment experienced competitive growth,
increasing its total market value by $19 million net of spending as a
result of positive performance and gifts in cash of approximately $5.6
million. Our endowment had an investment return of 7.7 percent,
comparable to results of our peer institutions during fiscal 2015.
Equity markets soared over the period, and our global equities and hedge
fund investments were decisive performers within the portfolio.
A look at Trinity’s 25-year growth history clearly shows that generous
philanthropy, intelligent investing, and prudent spending contributed to
significant gains over this period. More recently, the College’s
investment manager, Investure, continues to focus on maintaining a
comfortable level of liquidity in the portfolio and searching for
opportunistic investments that have asymmetrical upside potential while
limiting downside risk to complement core investments within the
portfolio. Investure also continues to keep a close eye on the changing
global economic landscape. The College administration has continued its
prudent spending policy since the 2009 market collapse by consistently
keeping annual spending under 5 percent of the endowment's market value.
Trinity administrators believe that diversification is paramount to
safeguarding Trinity’s capital and maximizing returns. The investment
committee’s mandate that, “a thoughtfully diversified portfolio provides
necessary protection of the College’s assets,” has been strictly
maintained. Trinity’s endowment is well diversified across asset classes
and the College’s investment manager, Investure, continues to search
for outstanding managers whose performance meets standards set by both
Investure and the College’s investment committee.