Endowment Statistics 2017-2018

The College’s endowment ended the year with a balance of $615,000,000. During fiscal 2018 the college changed investment managers from Investure in Charlottesville, Virginia to Commonfund located here in Connecticut. During this transition many of the college's positions were converted to cash and redeployed by Commonfund beginning in July 2018. Due to this transition the college's 5.8% return for the year slightly trailed benchmarks. Throughout the summer and fall of 2018 the assets were redeployed and are now being utilized in the markets according to the agreed-upon asset allocation strategy.

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 new investment manager, Commonfund will continue 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. Commonfund will also keep a close eye on the changing global economic landscape. The College administration has continued its prudent spending policy 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, Commonfund will search for outstanding managers whose performance meets standards set by both Commonfund and the college’s Investment Committee.