University of Houston System manages an endowment fund based in Houston, Texas. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets of the fund are managed and governed by the endowment management committee.University of Houston System Endowment's investment portfolio is valued at over $800.83 million, with investments in domestic and international equity, private equity and hedge funds.