Long Term Investment Pool Components as of June 30, 2023
The University of Rochester Medical Center endowment comprises the largest component of the LTIP. Arts, Sciences & Engineering and the Eastman School of Music account for the next two largest segments. Endowments of the Simon Business School, Warner School of Education, and the Memorial Art Gallery collectively represent about 6% of the LTIP. Approximately 6% of the LTIP represents unrestricted gifts that are designated by the Board of Trustees as permanent endowment for support of education. The growth of endowment through philanthropy helps ensure predictable budget support for education, the arts, and patient care.
Asset Allocation as of June 30, 2023
Rochester’s portfolio maintains a balance of domestic and foreign equities and fixed income as well as investments in private equity, hedge funds, real estate, and other assets that typically do not trade on public markets. The portfolio is divided into 38% traditional publicly traded assets—stocks and bonds—and 62% non-publicly traded investments, referred to as “alternative investments.” This approach has ensured growth, with volatility below public markets, during economic expansions and capital preservation in economic downturns.
Naveen Nataraj ’97
Naveen and Courtney Nataraj’97 commit $1 million to the Together for Rochester diversity,
