Claremont McKenna College (CMC) manages an endowment fund which is located in Claremont, California. The earnings from endowment investments support scholarships, financial aid, staff support, the flexibility of the college, basic research as well as academic. The endowment's assets are pooled with other college assets to create a larger long-term investment pool. The assets of the endowment are administered and governed by the board of trustees.Claremont McKenna College Endowment's investment portfolio is valued at $912.04 million, with investments in domestic and international equities, fixed income, cash, private equity, real estate, and hedge funds.