Yale University manages an endowment fund based in New Haven, Connecticut. The Yale Corporation Investment Committee has been responsible for oversight of the endowment, incorporating senior-level investment experience into portfolio policy formulation. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets of the endowment fund are managed by a team of investment professionals.Yale University Endowment's investment portfolio is valued at $30.31 billion with investments in private equity, real estate, hedge funds, timber, agriculture, natural resources, equities, fixed income securities, oil & gas, and cash. The endowment fund has generated a 5.7% return in the fiscal year 2019.