American University in Bulgaria (AUBG) manages an endowment fund that is located in Blagoevgrad, Bulgaria. The endowment provides a stable, predictable, and growing stream of resources for current use in achieving the academic goals of the university, while preserving the purchasing power of the fund for future generations. AUBG's endowment office evaluates, selects and monitors current and prospective investments in which to allocate the university's endowment assets. The assets of the endowment fund are managed by the board of directors.American University in Bulgaria Endowment is not currently invest in private equity or venture capital.