Mission
Carnegie Mellon University challenges the curious and passionate to deliver work that matters. To paraphrase founder Andrew Carnegie, “Our hearts are in the work.” CMU’s Investment Office manages the university’s long-term financial resources, work that matters to provide financial support in perpetuity for the university’s research and education mission. Through disciplined investment process, we strive to maximize long-term expected returns for the investment portfolio within acceptable levels of risk.
Financial Stewardship
CMU's long-term financial resources comprise a diversified portfolio invested globally across a broad range of asset classes, including private equity, venture capital, hedge funds, real estate, natural resources, public equity and fixed income. CMU works with some of the very best investment managers in the world to protect and grow these investments.
Senior Team
Endowment
Gifts to Carnegie Mellon University serve as key contributors to achieving the university's mission. Endowed funds (or collectively, the endowment) provide a permanent source of financial and operational stability, helping university leadership perpetuate CMU's academic and research excellence in a rapidly changing and increasingly competitive world. Thanks to the generosity of donors (alumni and other supporters), and careful stewardship by the Investment Office, the university's endowment and other long-term financial assets have generated a steady and growing stream of cash flow to fund a material portion of the university’s operating costs and currently exceed $3.8 billion in value. Enduring generosity of alumni and friends and an investment program focused on compounding net returns for the long term, should continue to increase the value of Carnegie Mellon University's endowment over time, providing ongoing support for the university's operating needs while preserving purchasing power to support future generations of students and faculty.