TT
LP profile
Texas Tech University System Endowment
Endowment · Founded 1996 · Lubbock, United States
20
VC firms backed
$1.7B
AUM
~$85M
Allocated to VC (est. 5%)
01 · Background
Who Texas Tech University System Endowment is.
- Historical Background
- The Texas Tech University System Endowment was formally established in 1996 to support its component institutions. The endowment's combined assets first grew past the $1 billion mark in the 2014 fiscal year.
- Source of Capital
- The endowment's capital is primarily sourced from donor contributions, which are managed through the Texas Tech Foundation. Gifts of at least $25,000 are invested into the Long-Term Investment Fund, forming the endowment principal.
- Allocation Strategy
- The endowment's investment strategy is centered on a balanced approach to the market through its Long-Term Investment Fund. A key component of the portfolio is a "stable value" book, which accounts for 40% of the endowment's total assets. The Board of Regents has established a spending policy of 4.5% of the endowment's average market value from the previous 12 quarters.
02 · Fund commitments
The funds Texas Tech University System Endowment backs.
Texas Tech University System Endowment is a limited partner in 20 funds. 7 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
IDG Capital
#27 Power Law
DCVC
#28 Power Law
CRV
#49 Power Law
OrbiMed
#98 Power Law
Industry Ventures
#266 Power Law
Two Sigma Ventures
#307 Power Law
Eclipse Ventures
#338 Power Law
Aliment Capital
Crestline Investors
CRG LP
EnCap Flatrock Midstream
EnCap Investments
Entrepreneurs First
EW Healthcare Partners
03 · Allocation
How Texas Tech University System Endowment’s fund book is spread.
The 20 funds Texas Tech University System Endowment backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 1890%
- Europe 15%
- Rest of world 15%
United States 18 · China 1 · United Kingdom 1
How established those managers are
Managers grouped by how many funds they have raised — across the 14 of 20 with a fund history on record.
Emerging funds · 4
Established funds · 10
2
1
2
2
3
3
4
1
5-6
7-9
4
10-14
2
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other endowments in the Power Law LP ranking, closest to Texas Tech University System Endowment by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
University of Michigan Endowment
$18B AUM
81 VC funds backed
🇺🇸
The Heinz Endowments
$2.3B AUM
45 VC funds backed
🇺🇸
University of Washington Endowment
$6.2B AUM
28 VC funds backed
🇺🇸
Silicon Valley Community Foundation Endowment Pool
$14B AUM
8 VC funds backed
🇺🇸
University of Pittsburgh Endowment
$5.5B AUM
31 VC funds backed
🇺🇸
Cornell University Endowment
$10B AUM
11 VC funds backed
🇺🇸
Claremont McKenna College Endowment
$1.2B AUM
3 VC funds backed
🇺🇸
Spelman College Endowment
$400M AUM
3 VC funds backed