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Firm profile

Rice Management Company

Rice Management Company is an endowment based in Houston, TX.

AUM

$8.5 billion

as of FY2023

IRS Form 990
Entity type
Endowment
Headquarters
Houston, TX

About Rice Management Company

Rice Management Company actively manages Rice University’s endowment, partnering with third-party investment managers while also overseeing internally managed assets in a highly diversified portfolio built to maximize returns while managing risk. The office maintains no divestment mandates, holding that endowment funds should not be used to advance political or social positions.[Firm website]

Endowment distributions represent the single largest source of revenue for Rice's operating budget, underscoring the office's central role in funding the university's day-to-day academic operations.[Firm website]

Focus
Endowment management with alternatives-heavy allocation supporting university operations

Where Rice Management Company is listed

Rice Management Company is in the investor directory.

Scope and method

What is shown
The facts on Rice Management Company's row of our directory lists: its kind, its headquarters, its founding year and website where the row gives them, the figure with its date, and the description.
The figures
Each figure carries its date. A figure from a public filing links that filing; a figure the firm reports itself is marked firm-reported.
Sources
IRS Form 990 and the firm's own website, investments.rice.edu.
Checked

Compiled by Praxis Rock Advisors. Reuse of our descriptions needs permission.