Spider Management Company (Spider) was founded as the investment office of the University of Richmond and has evolved to provide investment management services to a select group of endowments and foundations through a unique Outsourced Chief Investment Office (OCIO) model. Spider is the first wholly university-owned investment firm that offers its investment services to non-affiliated organizations. With approximately $5.4 billion under management as of December 31, 2020, Spider provides its nonprofit investors with the scale and resources to invest like a large endowment. Our experienced team maintains a consistent and disciplined process focused on absolute returns, capital preservation, and a long-term horizon through a diversified portfolio of world-class managers.