How are endowment investments managed at NC State University?
A. Most of the endowments are invested in the NC State Investment Fund, Inc. (NCSIF), an external investment pool established April 1,1999. The university strives to preserve both the corpus and the spending power of the endowments. Asset allocation is the cornerstone of the endowment’s investment policy and a key responsibility of the NCSIF Members Board. The overall investment objective is to earn a total net return equal to the sum of inflation plus the spending rate. Other endowments not invested with the NCSIF are managed by their respective Boards or with Academy Centennial Fund, LLC, a limited liability corporation which seeks venture capital opportunities that are related to NC State.
