Foundation and Endowment Investing: Philosophies and Strategies of Top Investors and Institutions: 405 (Wiley Finance) - Hardcover

Kochard, Lawrence E.

Hardcover

ISBN 10: 0470122331 ISBN 13: 9780470122334

Publisher: Wiley, 2007

Synopsis

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.

About this title

About the Author

LAWRENCE E. KOCHARD, PHD, CFA, is Chief Investment Officer of the Georgetown University endowment and a widely recognized leader in the foundation and endowment investing community. Previously, he was managing director of equity and hedge fund investments for the Virginia Retirement System and an adjunct finance professor at the University of Virginia. Kochard was also a vice president with Goldman Sachs.

CATHLEEN M. RITTEREISER is an alternative investments marketing and business development executive specializing in foundations, endowments, and other institutional investors. Her experience includes Alternative Asset Managers, LP, an emerging manager investment fund, Symphony Asset Management, a Nuveen Investments company, and Merrill Lynch. Rittereiser's Web site is www.cathleenrittereiser.com.

From the Back Cover

Foundation & Endowment Investing

Having achieved impressive returns over a number of years, foundations and endowments are finally being recognized as investment powerhouses. With sophisticated portfolios managed by talented financial professionals, these institutions have become increasingly influential due to their long-term perspective which gives them the latitude to take more investment risks and adopt new asset classes long before other investors.

Now, 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 in allocating assets, managing risks, and selecting from an increasingly complex set of investment opportunities.

Some of the individuals you'll hear from along the way include:

• Laurie Hoagland, CIO, Hewlett Foundation
• Scott C. Malpass, CIO, University of Notre Dame
• Alice Handy, CIO, Investure, LLC
• William Spitz, CIO, Vanderbilt University
• Don Lindsey, CIO, George Washington University
• Ellen Shuman, Vice President and CIO, Carnegie Corpo ration of New York

While each professional profiled skillfully discusses the strategies used to improve the financial health of their respective institutions, they also take the time to bridge the gap between theory and practice by describing how to apply the principles they've pioneered in real-world market conditions.

Besides providing you with the practical perspectives of top investors and institutions, Foundation and Endowment Investing through the combined expertise of two well-informed authors clearly lays out the basic background and current landscape of this ever-evolving industry, and shares important lessons that can be used by those in the broader investment community.

As investors, we all want to do a better job establishing a disciplined investment process in order to generate better returns on our portfolio whether it's for the benefit of an institution or our families. With Foundation and Endowment Investing as your guide, you'll discover how to do this and much more as you gain from the experience of today's top investment officers.

From the Inside Flap

Foundation & Endowment Investing

Having achieved impressive returns over a number of years, foundations and endowments are finally being recognized as investment powerhouses. With sophisticated portfolios managed by talented financial professionals, these institutions have become increasingly influential due to their long-term perspective—which gives them the latitude to take more investment risks and adopt new asset classes long before other investors.

Now, 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 in allocating assets, managing risks, and selecting from an increasingly complex set of investment opportunities.

Some of the individuals you'll hear from along the way include:

• Laurie Hoagland, CIO, Hewlett Foundation
• Scott C. Malpass, CIO, University of Notre Dame
• Alice Handy, CIO, Investure, LLC
• William Spitz, CIO, Vanderbilt University
• Don Lindsey, CIO, George Washington University
• Ellen Shuman, Vice President and CIO, Carnegie Corpo ration of New York

While each professional profiled skillfully discusses the strategies used to improve the financial health of their respective institutions, they also take the time to bridge the gap between theory and practice by describing how to apply the principles they've pioneered in real-world market conditions.

Besides providing you with the practical perspectives of top investors and institutions, Foundation and Endowment Investing—through the combined expertise of two well-informed authors—clearly lays out the basic background and current landscape of this ever-evolving industry, and shares important lessons that can be used by those in the broader investment community.

As investors, we all want to do a better job establishing a disciplined investment process in order to generate better returns on our portfolio—whether it's for the benefit of an institution or our families. With Foundation and Endowment Investing as your guide, you'll discover how to do this and much more as you gain from the experience of today's top investment officers.

Edition details

• Publisher: Wiley
• Publication date: 2007
• Language: English
• ISBN 10: 0470122331
• ISBN 13: 9780470122334
• Binding: Hardcover
• Edition number: 1
• Number of pages: 316