Nova Southeastern University (NSU) manages an endowment based in Davie, Florida. The endowment includes both donor-restricted endowments funds and funds designated by the board of trustees. The earnings from endowment investments support university's operations, including student financial aid and provide flexibility to the university. The assets of the endowment are managed by the Board of Trustees.Nova Southeastern University Endowment's investment portfolio is valued at US$170.7 million with investments in private equity, domestic and international equities, fixed income securities and cash.