--- title: Return of the Prudent Investor | Non-Profit OCIO | Verger Capital Management description: Discover the crucial connection between risk management and returns in endowment fund management. Explore our whitepaper to gain valuable strategies to optimize your investment approach. --- This is a search field with an auto-suggest feature attached. ![](https://resources.vergercapital.com/hubfs/Group%20427324955%20(1).svg) - There are no suggestions because the search field is empty. - [INVESTOR PORTAL](https://vergercapital.seiinvestorportal.com/CoreAuth/Login?ReturnUrl=%2F) - [CONTACT US](https://vergercapital.com/contact-us/) [![Verger Capital Management ](https://resources.vergercapital.com/hs-fs/hubfs/raw_assets/public/VergerCapital_January2021/images/verger-logo-black.png?width=500&height=60&name=verger-logo-black.png "Verger Capital Management ")](https://vergercapital.com/) - [OUR APPROACH](https://vergercapital.com/non-profit-investment-strategy/) - [OUR PROCESS](https://vergercapital.com/outsourced-chief-investment-officer/) - [OUR TEAM](https://vergercapital.com/outsourcing-investment-management-services/) - [NEWS](https://blog.vergercapital.com/news/?hsLang=en) - [INSIGHTS](https://blog.vergercapital.com/news-and-insights?hsLang=en) - [ABOUT US](https://vergercapital.com/verger-capital-management/) This is a search field with an auto-suggest feature attached. ![](https://resources.vergercapital.com/hubfs/Group%20427324955%20(1).svg) - There are no suggestions because the search field is empty. - [INVESTOR PORTAL](https://vergercapital.seiinvestorportal.com/CoreAuth/Login?ReturnUrl=%2F) - [CONTACT US](https://vergercapital.com/contact-us/) [![Verger Capital Management ](https://resources.vergercapital.com/hs-fs/hubfs/raw_assets/public/VergerCapital_January2021/images/verger-logo-black.png?width=500&height=60&name=verger-logo-black.png "Verger Capital Management ")](https://vergercapital.com/) - [OUR APPROACH](https://vergercapital.com/non-profit-investment-strategy/) - [OUR PROCESS](https://vergercapital.com/outsourced-chief-investment-officer/) - [OUR TEAM](https://vergercapital.com/outsourcing-investment-management-services/) - [NEWS](https://blog.vergercapital.com/news/?hsLang=en) - [INSIGHTS](https://blog.vergercapital.com/news-and-insights?hsLang=en) - [ABOUT US](https://vergercapital.com/verger-capital-management/) Search for: - [OUR APPROACH](https://vergercapital.com/non-profit-investment-strategy/) - [OUR PROCESS](https://vergercapital.com/outsourced-chief-investment-officer/) - [OUR TEAM](https://vergercapital.com/outsourcing-investment-management-services/) - [NEWS](https://blog.vergercapital.com/news/?hsLang=en) - [INSIGHTS](https://blog.vergercapital.com/news-and-insights?hsLang=en) - [ABOUT US](https://vergercapital.com/verger-capital-management/) Free whitepaper # Return of the Prudent Investor ##### Why Endowment Funds Should Manage Risk As Well As Return ![Return of the Prudent Investor](https://resources.vergercapital.com/hs-fs/hubfs/Return%20of%20the%20Prudent%20Investor.jpg?height=2000&name=Return%20of%20the%20Prudent%20Investor.jpg) Why do endowment funds exist? Many institutions rely on distributions from these funds to function because their donations, annual gift campaigns, and tuition simply aren't enough. Importantly, endowment funds serve as a buffer between generations with different levels of luck, market conditions, and economic productivity. For these reasons, endowment funds need to be invested differently - with as much focus on the long-term as possible. ### Key questions we will explore: 1 How has the traditional view of long-term endowment investing and risk-taking impacted institutions during extended market downturns? 2 What is the relationship between the endowment, fundraising, and the institution's operations? 3 What is an antifragile portfolio, and how can it preserve endowment capital across market environments? ### Download the Whitepaper [![Verger Capital](https://resources.vergercapital.com/hs-fs/hubfs/raw_assets/public/VergerCapital_January2021/images/verger-logo-white.png?width=500&name=verger-logo-white.png "Verger Capital")](https://vergercapital.com/) [751 West Fourth Street, Suite 410](https://www.google.com/maps/dir//751+W+4th+St+%23410,+Winston-Salem,+NC+27101/@36.0976808,-80.2556437,17z/data=!4m9!4m8!1m0!1m5!1m1!1s0x8853ae4744355357:0x7817a596b7228bfa!2m2!1d-80.253455!2d36.0976808!3e0) [Winston-Salem, NC 27101](https://www.google.com/maps/dir//751+W+4th+St+%23410,+Winston-Salem,+NC+27101/@36.0976808,-80.2556437,17z/data=!4m9!4m8!1m0!1m5!1m1!1s0x8853ae4744355357:0x7817a596b7228bfa!2m2!1d-80.253455!2d36.0976808!3e0) **P:** [336.934.4101](tel:3369344101) **F:** [336.934.4004](tel:3369344004) [Contact Us](https://vergercapital.com/contact-us/)   [![](https://resources.vergercapital.com/hubfs/raw_assets/public/VergerCapital_January2021/images/linkedIn.png)](https://www.linkedin.com/company/verger-capital) - [Home](https://vergercapital.com/) - [Our Approach](https://vergercapital.com/non-profit-investment-strategy/) - [Our Process](https://vergercapital.com/outsourced-chief-investment-officer/) - [Our Team](https://vergercapital.com/outsourcing-investment-management-services/) - [Working with you](https://vergercapital.com/working-with-you/) - [About Us](https://vergercapital.com/verger-capital-management/) - [Careers](https://vergercapital.com/non-profit-asset-management-firm-careers/) - [Contact Us](https://vergercapital.com/contact-us/) [ACCESS OUR WHITEPAPER](https://resources.vergercapital.com/endowment-funds-should-manage-risk-as-well-as-return/) [![Return of the Prudent Investor](https://resources.vergercapital.com/hs-fs/hubfs/Return%20of%20the%20Prudent%20Investor.jpg?width=128&height=166&name=Return%20of%20the%20Prudent%20Investor.jpg)](https://resources.vergercapital.com/endowment-funds-should-manage-risk-as-well-as-return/) [![Investing in the Lives of Others-1](https://resources.vergercapital.com/hs-fs/hubfs/Investing%20in%20the%20Lives%20of%20Others-1.jpg?width=129&height=167&name=Investing%20in%20the%20Lives%20of%20Others-1.jpg)](https://resources.vergercapital.com/investing-in-the-lives-of-others?hsLang=en)   This material is for informational purposes only and does not constitute investment advice or an offer to sell or buy a security. 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