Jesus College

Divested?

No.

FOI Request

Accepted. Answered on April 21st, 2026:

Dear Ben,

Thank you for your enquiry about the College’s investments. The College’s financial investments are almost entirely made via investment managers and funds.

(1) A list of companies which the College holds stocks and shares in, specifying how many shares are held and the approximate value of the shareholding.

The table below details the number of shares the College holds and their recorded value as of 31 December 2025. The shares in Marshall Group are non-voting preference shares.

CompanySharesLatest Recorded Value (£)
Adtotum2,967.62,967.96
Ensygnia500,00098,149.99
Marshall Group1,50028,500.00
IosBio90,21173,880.64

(2) A list of exchange traded funds, private equity funds, mutual funds, index funds, commodities, hedge funds, and bonds that the college has investments in, including the approximate value of each.

Some of our financial investments are made through the Cambridge University Endowment Fund (CUEF) managed by University of Cambridge Investment Management (UCIM). We hold 696,477 units and the last publicly disclosed value, as of June 2025, is £49,749,352. More recent valuations are subject to a confidentiality agreement and exempt under Section 41 of the Freedom of Information Act. We do not hold information about the individual companies or funds invested in. You can find UCIM’s annual reviews on their website for more information.

We also make investments through our Legal & General Future World ESG Tilted & Optimised Developed Fossil Fuel Ex Index Fund (C). We hold 90,464,221.25 unitsand the value of our holdings was £66,907,338 as of 31 December 2025.As this is an index fund, we do not hold a list of the companies that it invests in. More information can be found on the LGIM website

The table below details the College’s private equity funds and their recorded value as of 31 December 2025. 

FundLatest Recorded Value (£)
Cambridge University Feeder Fund LP (Cambridge Associates)195,772.33
Cambridge Colleges Fund III LP (Cambridge Associates)2,349,820.16
Cambridge Innovation Capital II LP (Cambridge Innovation Capital (CIC))551,622.33
CIC Opportunity Fund I (Cambridge Innovation Capital (CIC))577,627.00

The College holds commercial agreements with private equity funds, which include confidentiality provisions. A Section 41 exemption under the Freedom of Information Act therefore applies. Information regarding companies invested in by Cambridge Innovation Capital (CIC) is publicly available on its websites.

(3) In the case of any indirectly held or fund-based investments, a breakdown of the companies invested in through each specific fund, including the percentage of the total fund made up by each holding.

In regard to indirect investments, in most cases the College does not hold information on companies invested in through funds. In relation to CIC, this information is exempt as noted above.

(4) A list of any other investments the college holds, including the approximate value of each.

The College also owns directly held investment property, nearly all of which is in the Greater Cambridge area. The latest valuation from June 2025 is £116,552,609.

To aid in the public understanding of how the College invests its endowment and other funds, we publish information on our website in our Investment Policy Statement and Responsible Investment Policy.

I hope this helps. Further details about making a request to the College, including your rights if you are not satisfied with our response may be found at Freedom of information publication scheme and guidance. Information and advice about the Freedom of Information Act and making requests is available from the Information Commissioner’s Office Freedom of information guidance and resources | ICO.

Best wishes,

Emily

Emily Royston (she/her)

Records and Information Manager

Archives, Jesus College

Cambridge CB5 8BL

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A screenshot of the answer just above.
Previous FOI Request refusal
A response from Jesus College to a freedom of information request.  Dear [Name Removed] Thank you for your request. The College invests via investment managers and funds, and it does not hold information about investments in any of the companies that you have listed. I am sorry that we can't be of more help. Details of our investment policy and annual accounts are available on our website https://www.jesus.cam.ac.uk/college/abou... Some of our financial investments are made through the Cambridge University Endowment Fund, their website is here https://www.cam.ac.uk/about-the-universi... Further details about making a request to the College, including your rights if you are not satisfied with our response may be found at https://www.jesus.cam.ac.uk/college/abou... Please note that should you wish to request an internal review this must be done within 40 working days of receipt of this response. Information and advice about the Freedom of Information Act and making requests is available from the Information Commissioner's Office http://ico.org.uk/for_the_public/officia... Best wishes Susan Webb (she/her) Information Compliance Officer IT Department Jesus College Cambridge 01223 339831
A further response from Jesus College to a freedom of information request.  Thank you for your request. In response to your request about Funds and Capital, which we have treated as a new request. Please find below the latest reporting to us by Cazenove Capital, dated 31 March and presented to the College in May 2024 Our holdings in CUEF amount to £48,419,081 I attach a list of Funds provided by Cazenove Capital. Also details of our private equity portfolio (both redacted to remove irrelevant detail) Further details about making a request to the College, including your rights if you are not satisfied with our response may be found at https://www.jesus.cam.ac.uk/college/about-us/freedom-information-and-publication-scheme Please note that should you wish to request an internal review this must be done within 40 working days of receipt of this response. Information and advice about the Freedom of Information Act and making requests is available from the Information Commissioner's Office http://ico.org.uk/for_the_public/official_information Best wishes Susan Webb (she/her) Information Compliance Officer IT Department Jesus College Cambridge 01223 339831 e-mail: s.webb@jesus.cam.ac.uk
Read more: Jesus College

Investment Policy

Jesus College Annual Report and Accounts (2023)

Student Body Motions

Jesus MCR motion on Palestine submitted but not voted on yet 

Contacts

Bursar: Dr Richard Anthony; bursar@jesus.cam.ac.uk

Senior tutor: Dr Paul Dominiak; p.dominiak@jesus.cam.ac.uk

Master: Ms Sonita Alleyne; master@jesus.cam.ac.uk