Saint Louis University manages an endowment fund which is based in Saint Louis, Missouri. The endowment fund provides both stability and flexibility for the University. The University invests the endowed funds and uses a portion of the income for the purpose the donor specifies, while the remainder is reinvested in the fund to keep pace with inflation. The assets of the endowment fund are managed by the board of trustees.Saint Louis University Endowment's investment portfolio is valued at over $1.2 billion, with investments in private equity, real estate, hedge funds, real assets, publicly-traded equities, fixed income securities, and cash.