Foundation and endowment investing : philosophies and strategies of top investors and institutions

Author(s)

    • Kochard, Lawrence E.
    • Rittereiser, Cathleen M.

Bibliographic Information

Foundation and endowment investing : philosophies and strategies of top investors and institutions

Lawrence E. Kochard, Cathleen M. Rittereiser

(Wiley finance series)

John Wiley & Sons, c2008

Available at  / 1 libraries

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Note

"The profiles in capital series" -- On jacket

Includes index

Description and Table of Contents

Description

In Foundation and Endowment Investing, authors Lawrence Kochard and Cathleen Rittereiser offer you a detailed look at this fascinating world and the strategies used to achieve success within it. Filled with in-depth insights and expert advice, this reliable resource profiles twelve of the most accomplished Chief Investment Officers within today's foundation and endowment community-chronicling their experiences, investment philosophies, and the challenges they face-and shares important lessons that can be used as you go about your own investment endeavors.

Table of Contents

Preface ix Acknowledgments xiii About the Authors xv PART ONE Foundations and Endowments Rise as Powerful Institutional Investors CHAPTER 1 The Evolution of Foundation and Endowment Investment Management 3 From Poorhouses to Powerhouses CHAPTER 2 Foundation and Endowment Investing 101 19 Essential Practices of a Successful CIO CHAPTER 3 The Investment Landscape 43 You Are Here PART TWO Profiles in Capital: Philosophies and Strategies from Leading Foundation and Endowment Chief Investment Officers CHAPTER 4 Another Sage of Omaha 63 Laurie Hoagland, CIO, Hewlett Foundation CHAPTER 5 Doctor, Lawyer, Investment Chief 77 Dr. Allan S. Bufferd, Treasurer Emeritus, Massachusetts Institute of Technology CHAPTER 6 Leading the Evolution 93 Alice Handy, CIO, Investure, LLC CHAPTER 7 Partner, Patriot, and Performer 109 Scott C. Malpass, CIO, University of Notre Dame CHAPTER 8 Built an Endowment through Common Sense 127 William Spitz, CIO, Vanderbilt University CHAPTER 9 Investment Artist with Her Own Perspective 143 Ellen Shuman, Vice President And CIO, Carnegie Corporation of New York CHAPTER 10 Master of All Trades 157 Bruce Madding, CIO, Henry J. Kaiser Family Foundation CHAPTER 11 Agile Investment Engineer 173 Bob Boldt, CIO, Agility Funds CHAPTER 12 Driven by Intellectual Curiosity 191 Donald W. Lindsey, CIO, George Washington University CHAPTER 13 The CIO as CEO 205 Jonathan Hook, CIO, Baylor University CHAPTER 14 Navigating New Investment Waters 225 Daniel J. Kingston, Managing Director, Portfolio Management, Vulcan Capital CHAPTER 15 Invest without Emotion, Act with Conviction 241 Mark W. Yusko, Chief Investment Officer, Morgan Creek Capital Management PART THREE Summary and Analysis: Key Points on Investments, Endowment Management, and the Future CHAPTER 16 Lessons for Investors 265 Investment Principles and Advice CHAPTER 17 The Business of Foundation and Endowment Investment Management 273 Impact of Comparison, Competition, and Compensation CHAPTER 18 Real Rewards 279 Investing is a People Business Notes281 Index285

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