Tufts University manages an endowment fund that is based in Somerville, Massachusetts. The endowment consists of permanently restricted, temporarily restricted, and unrestricted funds. The assets of the endowment fund are managed by the investment office in accordance with the policies established by the board of trustees.Tufts University Endowment's investment portfolio is valued at $1.93 billion, with investments in domestic and international equity, fixed income, and alternatives, which include, hedge funds, private equity, real estate, natural resources, and commingled public equity funds.