The University of Puget Sound manages an endowment fund which is based in Tacoma, Washington. The university invests its endowment to provide a sustainable maximum level of return consistent with prudent risk levels and to generate a real return that supports current operations while preserving the purchasing power of the endowment over the long term. The endowment is managed and administered by the board of trustees.The University of Puget Sound Endowment's investment portfolio is valued at $369.04 million, with investments in domestic and international equity, fixed income, real assets & natural resources, real estate, hedge funds, private equity, and cash.