Rice Management Company
About
Rice Management Company focuses on finding ideas and managers across all asset classes.
Highlights
Details
- Operating Status
- Active
- Investor Type
- Venture Capital
Rice Management Company (RMC) is responsible for the stewardship of a $6.5 billion endowment fund and the University’s $957 million of debt. We are a group of diverse professionals with strong investment and endowment operations expertise. RMC is closely integrated with University leadership, and actively participates in operations and financial planning, and in shaping long-term strategic direction.Rice Management Company was established October 1, 2009, as a division of Rice University. The President of RMC is also the Chief Investment Officer of the University. The responsibilities of RMC include asset allocation, and the selection/termination of investment managers and consultants. RMC acts as the master custodian, monitoring performance of investment managers and the entire portfolio on a regular basis, reporting to the Rice Management Company Board of Directors.
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Feb 22, 2022
Idaho College of Osteopathic Medicine
|
Series Unknown | — | Health Care | — |
|
Feb 22, 2022
Burrell College of Osteopathic Medicine
|
Series Unknown | — | Education | — |
|
Oct 13, 2016
Iora Health
|
Series D | $75M | Health Care | — |
|
Jan 26, 2015
Iora Health
|
Series C | $28M | Health Care | — |
Exits
Rice Management Company has had 1 exits. Rice Management Company most notable exits include Iora Health
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Jun 7, 2021 | Iora Health | M&A | Health Care | Detail |
