As investors look to the future, Trusted Insight is ending the year by taking a glance back, to appreciate the leaders who helped navigate their institutions through these tumultuous months. With unprecedented market turmoil transforming the landscape and generating new opportunities and risks across asset classes, many institutions have benefited from the steady hand and wisdom of a deeply experienced leader.
Smith College announced that it would shift from outsourcing its endowment management functions to establishing its own in-house investment office. The decision puts Smith's working model in line with that of most colleges and universities with comparable assets.
Texas A&M Foundation Utilizing Technology For Best-Of-Breed Analysis | Rush Harvey, Director of Investments | Q&A
Rush Harvey is a Director of Investments at the Texas A&M Foundation, where he has served since February 2018. In this interview, he tells us why private equity and venture capital will be a material driver of their long-term returns; the organization's efforts in institutionalizing the investment process; and how they're implementing technology to better analyze private market opportunities.
Case Western Reserve University 'Actively Rebalancing Portfolio' In Good Times & Bad | CIO Tim Milanich | Q&A
Tim Milanich is the chief investment officer at Case Western Reserve University, where he has served since 2007. In this interview, he tells us how a third of the endowment's assets are illiquid in nature; how they have institutionalized their infrastructure over the years; and the importance of stress testing and actively rebalancing the portfolio during good times and bad times.
Brandeis University Focused On Regulatory, Scientific Innovations In Healthcare | CIO Nicholas Warren | Q&A
Nicholas Warren joined as the chief investment officer at the Office of Investment Management at Brandeis University in January 2011. In this interview, Nick discussed how their investment team operates with a modified specialist model; their core tenet in having an equity-oriented diversified portfolio; and why they're excited for the regulatory and scientific innovations in healthcare.
Unlike larger universities, HBCUs have long been missing from the equation <span style="color: rgb(34, 34, 34); font-family: Roboto, arial, sans-serif; font-size: 16px;">— </span>and the profits <span style="color: rgb(34, 34, 34); font-family: Roboto, arial, sans-serif; font-size: 16px;">—</span> that come with the role of being a limited partner in Silicon Valley's most successful VC firms.
Southern Methodist University's Stable, Strong Leadership Separates It From Peers | Rakesh Dahiya, Chief Investment Officer | Q&A
Rakesh Dahiya is the Chief Investment Officer at the Southern Methodist University, where he is responsible for oversight of the $1.6 billion endowment. In this interview, he discussed the importance of SMU's Investment Committee and the perspective they bring to the table; how the University was in a more defensive position during the market drawdown; and how the lack of venture exposure hindered their performance versus other peers.
WVU Foundation Focused On Tail Risk Hedging Strategies, Early-Stage Venture | Rick Kraich, VP of Investments & CIO | Q&A
Rick Kraich is the vice president of investments and chief investment officer at the West Virginia University Foundation, where he has served since 2010. In this interview, Rick discussed the investment office's role in managing five separate pools of capital, why they are advocates of using tail risk hedging strategies while most investor peers do not, and the many opportunities he's excited about within venture capital.
The U.S. State Department is asking colleges and universities to divest from Chinese holdings in their endowments, warning schools in a letter Tuesday to get ahead of potentially more onerous measures on holding the shares.
Inside Caltech's 'Investment Office' During A Global Pandemic | Scott Richland, Chief Investment Officer | Q&A
Scott Richland has served as chief investment officer of the California Institute of Technology's (Caltech) investment office since September 2010. In this interview, he discusses the many things that separate Caltech from its research-centric peers; his biggest task when joining Caltech to his current focus on navigating the investment office through a global pandemic; and how having a tenured team has benefited them greatly.