Pepperdine University manages an endowment which is based in Malibu, California. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The office of investment management has planning and management responsibility for the university's financial resources. The assets are managed and governed by a forty-member Board of Regents.Pepperdine University Endowment's investment portfolio is valued at $917.55 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.