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gmatclb
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pelihu
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kidderek
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seanpatin
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I know here at Iowa there is one for Undergraduate students called the Krause Fund. Not sure about MBA program here at Tippie, but you would think that they would if they do for undergraduates.
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loom
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A google search on "MBA Student Managed Fund" returned:

UPenn (Wharton)
Yale SOM
University of Georgia (Terry)
Penn State (Smeal)
Michigan (Ross)
Tulane (Freeman)
Purdue (Krannert)
SMU (Cox)
Maryland (Smith)
Indiana (Kelley)
Wisconsin-Madison
Rice (Jones)

Other notables include: William & Mary, Baylor, UConn, Villanova, UNC Charlotte.

Some are student-managed portfolios (mix of asset classes), others are portions of the university endowment, or VC funds. Hope this helps...
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naturallight
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Haas just got a grant for a socially responsible student fund. Also, I think we'll have a regular one by spring.
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aaudetat
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There was discussion of this last season....I didn't pay much attention b/c it isn't my thing, but I think they were saying that some of these programs are more valuable than others. You might see if you can find it.