Office of Investment Management
Colby College Endowment
The Colby College endowment was established to provide financial support for Colby’s near-term operations by meeting current liquidity requirements and to grow the real (inflation-adjusted) value of the endowment to support future spending needs. Spending from the endowment currently supports more than 20 percent of the annual College budget, including financial aid, faculty and staff salaries, and other programs.
About
The Colby Investment Office invests the endowment with a long-term horizon. Investments are primarily in the form of commingled funds which are managed by external investment managers rather than through direct ownership of individual securities.
The Colby Investment Office’s primary objective is to maximize long-term, risk-adjusted returns to preserve and grow the spending power of the College for future generations of students, faculty, and staff. We are also investing in the next generation of Colby students interested in careers in finance through our internship and analyst programs.
