10X Capital Podcast E98: How the $3.5 Billion University of Rochester Endowment Invests
30 snips
Sep 26, 2024 
Rob Rahbari, Senior Investment Officer and Assistant Treasurer at the University of Rochester, shares insights on the endowment's $3.5 billion investment strategy. He highlights the power of diverse fund managers in institutional investing. Rahbari discusses how a concentrated portfolio enables sharper decision-making and deepens manager relationships. He also covers the significance of networking and communication in selecting new managers. Lastly, he emphasizes the role of diversity, equity, and inclusion in shaping the future of investment practices.
AI Snips
Chapters
Transcript
Episode notes
Concentrated Investment Strategy
- University of Rochester's investment strategy is concentrated, with the top 10 holdings making up over 40% of the portfolio.
- This concentrated approach allows for deeper relationships with managers and impactful positions.
Benefits of Concentration
- A concentrated portfolio allows for focus and meaningful interaction with managers.
- The University of Rochester's small team benefits from this approach by targeting the best opportunities.
Generalist Approach Benefits
- A generalist investment approach provides a broad understanding of the entire portfolio.
- This approach allows for better diversification and identification of complementary investments.