Rice Management Company

investment firm

About

Rice Management Company focuses on finding ideas and managers across all asset classes.

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

Number of Investments
Number of Lead Investments
4
0
Rice Management Company has made 4 investments. Their most recent investment was on Feb 22, 2022, when Idaho College of Osteopathic Medicine raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Series Unknown Health Care
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