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Bullock Hall

ACU’s net assets surpass $1 billion

Abilene Christian University’s net assets now total more than $1 billion, marking a new level of financial health and stability. The university reached the billion-dollar milestone in November, thanks in part to the generosity of donors during ACU’s Higher Ground campaign, as well as the outstanding performance of the university’s endowment, said Lori Herrick, chief … Continued
Chief Investment Officer Joe Lee

ACU names new chief investment officer

  Joe Lee has been appointed Abilene Christian University’s chief investment officer and president of Abilene Christian Investment Management Company, effective July 25.  In this role, Lee will be responsible for managing the university’s nearly $700 million endowment. Longtime ACU CIO Jack Rich plans to retire at the end of 2022. For the last three … Continued