Capital Allocators – Inside the Institutional Investment Industry [REPLAY] Tom Lenehan – Perpetual Thinking at Rockefeller University (Capital Allocators, EP.04)
Apr 18, 2022
Tom Lenehan, Deputy Chief Investment Officer at Rockefeller University, shares insights from managing a $2B endowment at an institution focused on biomedical research. He discusses the unique investment strategies that balance growth with risk management. Tom reflects on his upbringing in Cleveland and early career challenges in finance. He dives into the nuances of venture capital, emphasizing relationship-building and adaptive strategies. Through personal anecdotes, he highlights the importance of flexibility and resilience in achieving success.
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Cleveland Sports Fan
- Tom Lenehan grew up as the youngest of eight children in Akron, Ohio, a lifelong Cleveland sports fan.
- He fondly remembers attending Indians games at the old Cleveland Municipal Stadium.
Early Career
- Tom Lenehan's career began at Goldman Sachs in 1992, during a recessionary period.
- After two years in FIG and a year in London, he moved to Goldman's PIA group, sparking his interest in private equity.
Business School & Principal Investing
- Business school's greatest value lies in networking and building connections.
- Principal investing is hard to abandon after you've experienced the ownership aspect of decision-making.
