University of Utah manages an endowment fund based in Salt Lake City, Utah. The goal for the management of endowment funds at the university is to ensure that the endowment provides future students and faculty with the same level of spending resources, adjusted for inflation, as current students and faculty while also providing a stable and increasing cash flow to fund current operating budgets. The assets of the endowment fund are managed by the investment management office of the university.University of Utah Endowment's investment portfolio is valued at $1.98 billion, with investments in domestic and international equity, fixed income, hedge funds, infrastructure, real assets & natural resources, real estate, private equity, and cash.