Pennsylvania State University Endowment General Information
Pennsylvania State University (PennState) manages an endowment fund which is based in University Park, Pennsylvania. The endowment fund helps support students, faculty, staff, and citizens of the Commonwealth. The Penn State Investment Council, created by the board of trustees in response to the University's increasing asset base and complex investment strategies, provides direct oversight of the endowment and long-term investment program. The council regularly reviews asset allocation, new asset classes, and investment strategies. The endowment fund is part of the long-term investment pool of the university and is managed by the Office of Investment Management (OIM).