For private universities such as ACU, the strength of the endowment fund is synonymous with the financial health of the institution. Even in the recent troubled economy, ACU's endowment, under the leadership of chief investment officer Jack Rich, has grown, placing the university in the top quartile of its peer group.
Over the past 10 years, ACU's endowment has grown from $145 million to more than $290 million – doubling in a difficult investment environment. Among all university endowments with assets over $200 million, ACU had the highest return – tied only with Yale University, the longtime leader in endowment returns.
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