Northwell Health's Portfolio Benefitting From Steady Increase To Alternative Assets | Michael Odlum, Senior Vice President | Q&A
Michael Odlum is senior vice president at Northwell Health, where he has managed the treasury group since September 2011, with oversight of $18 billion in investments. In this interview, he discussed the common expression "days cash on hand" and what it means for Northwell Health and other institutional investors; Northwell's success in increasing allocation to alternative asset classes; and why he believes Northwell had its best year of growth as a health system.
The foundation's philanthropic endowment will be managed by the former CIO of the Institute for Advanced Study Carnegie Corporation of New York has named Mark Baumgartner as its new chief investment officer following an extensive nationwide search conducted by members of the foundation's investment committee and several investment advisors.
On the last day of the New York Stock Exchange's busiest month ever for IPOs, two tech companies are taking a different approach to going public.
A working paper from researchers at the University of Pennsylvania and New York University is raising questions about the benefits of private equity in healthcare.
Kim Lew is the vice president and chief investment officer of Carnegie Corporation of New York, the oldest private foundation in the country established in 1911. Prior to Carnegie, she spent 13 years at the Ford Foundation and also worked at Prudential Capital and Chemical Bank. During this keynote, Kim discussed her 25 plus years managing portfolios for renowned Foundations; Carnegie's view on innovation and technology and how it's impacting institutional portfolios; and why she agrees with Warren Buffet's call for contrarian investing.
Amherst College is moving the staff that manages its $2.9 billion endowment to Boston at the request of its newly hired chief investment officer, according to a report. Mount Holyoke College nearby in South Hadley is hiring its first chief investment officer and considering establishing its investment management operation in either New York City or Boston.
Andrew W. Mellon Foundation On Balancing Quantitative Rigor, Qualitative Judgment | Monica Spencer, Senior Portfolio Manager | Q&A
Monica Spencer serves at the Andrew W. Mellon Foundation as a senior portfolio manager. In this interview, she discusses her role working closely with their new CIO; why she believes asset allocators may be more diverse than asset managers; and why balance quantitative rigor with a qualitative sense is an important balance at Mellon.
Institutional investors are clearly having a love affair with the city's tech startups, pouring $21 billion into them in the past four quarters, more than double the amount from three years ago, and setting the stage for a wave of IPOs.
Cook Children's Health Care System appointed Tony Bagwell as senior vice president and chief investment officer. Bagwell most recently served as managing director of Columbia Investment Management Company.
If geographies were companies, Silicon Valley and New York would be the incumbents -- successful today and possibly impregnable -- and, like all incumbents, their outsized advantages obscure significant vulnerabilities.