Investment and Endowment Fund
for Institut Teknologi Bandung
Investing for ITB's Dreams
to become a leading and trusted institution in managing business and endowment fund with a professional and modern way in Indonesia, by 2025.
Previously, ITB had two supporting units which organize Commercial Business (Satuan Unit Komersial - SUK) and Endowment Fund (Satuan Kekayaan Dana - SKD), respectively. These organizations were dissolved in 2014. According to ITB statute, these roles are henceforth managed by a newly established unit, Badan Pengelola Usaha dan Dana Lestari (Agency for University Business and Endowment Fund Management). Since then, BPUDL has provided financial resources to support the sustainability of ITB education, research, and community services. Business and endowment fund are two main issues administered independently by BPUDL. Consequently, BPUDL is obliged to manage and adjust any risks related to business management, endowment fund, and/or investment policies so that these activities would not cause interference to academic operational in ITB.