{"product_id":"foundation-and-endowment-investing-isbn-9780470122334","title":"Foundation and Endowment Investing","description":"In \u003ci\u003eFoundation and Endowment Investing,\u003c\/i\u003e 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. \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eAbout the Authors xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE Foundations and Endowments Rise as Powerful Institutional Investors\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1 The Evolution of Foundation and Endowment Investment Management 3\u003cbr\u003eFrom Poorhouses to Powerhouses\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Foundation and Endowment Investing 101 19\u003cbr\u003eEssential Practices of a Successful CIO\u003c\/p\u003e \u003cp\u003eCHAPTER 3 The Investment Landscape 43  \u003cbr\u003eYou Are Here\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO Profiles in Capital: Philosophies and Strategies from Leading Foundation and Endowment Chief Investment Officers\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 4 Another Sage of Omaha 63\u003cbr\u003e\u003ci\u003eLaurie Hoagland, CIO, Hewlett Foundation\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Doctor, Lawyer, Investment Chief 77\u003cbr\u003e\u003ci\u003eDr. Allan S. Bufferd, Treasurer Emeritus, Massachusetts Institute of Technology\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Leading the Evolution 93\u003cbr\u003e\u003ci\u003eAlice Handy, CIO, Investure, LLC\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Partner, Patriot, and Performer 109\u003cbr\u003e\u003ci\u003eScott C. Malpass, CIO, University of Notre Dame\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 8 Built an Endowment through Common Sense 127\u003cbr\u003e\u003ci\u003eWilliam Spitz, CIO, Vanderbilt University\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Investment Artist with Her Own Perspective 143\u003cbr\u003e\u003ci\u003eEllen Shuman, Vice President And CIO, Carnegie Corporation of New York\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 10 Master of All Trades 157\u003cbr\u003e\u003ci\u003eBruce Madding, CIO, Henry J. Kaiser Family Foundation\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Agile Investment Engineer 173\u003cbr\u003e\u003ci\u003eBob Boldt, CIO, Agility Funds\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 12 Driven by Intellectual Curiosity 191\u003cbr\u003e\u003ci\u003eDonald W. Lindsey, CIO, George Washington University\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 13 The CIO as CEO 205\u003cbr\u003e\u003ci\u003eJonathan Hook, CIO, Baylor University\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 14 Navigating New Investment Waters 225\u003cbr\u003e\u003ci\u003eDaniel J. Kingston, Managing Director, Portfolio Management, Vulcan Capital\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 15 Invest without Emotion, Act with Conviction 241\u003cbr\u003e\u003ci\u003eMark W. Yusko, Chief Investment Officer, Morgan Creek Capital  Management\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART THREE Summary and Analysis: Key Points on Investments, Endowment Management, and the Future\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 16 Lessons for Investors 265\u003cbr\u003eInvestment Principles and Advice\u003c\/p\u003e \u003cp\u003eCHAPTER 17 The Business of Foundation and Endowment Investment Management 273\u003cbr\u003eImpact of Comparison, Competition, and Compensation\u003c\/p\u003e \u003cp\u003eCHAPTER 18 Real Rewards 279\u003cbr\u003eInvesting is a People Business\u003c\/p\u003e \u003cp\u003eNotes281\u003c\/p\u003e \u003cp\u003eIndex285\u003c\/p\u003e \"…informative and entertaining…an excellent resource for anyone who is considering a career move into this field or who has not-for-profit organizations as clients.\" (\u003ci\u003eFinancial Analysts Journal\u003c\/i\u003e, July\/August 2008)   \u003cp\u003e\u003cb\u003eLAWRENCE E. KOCHARD, PHD, CFA,\u003c\/b\u003e 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. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eCATHLEEN M. RITTEREISER\u003c\/b\u003e 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.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eFoundation \u0026amp; Endowment Investing\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eHaving 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. \u003c\/p\u003e\u003cp\u003eNow, in \u003ci\u003eFoundation and Endowment Investing,\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eSome of the individuals you'll hear from along the way include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eLaurie Hoagland, CIO, Hewlett Foundation\u003c\/li\u003e \u003cli\u003eScott C. Malpass, CIO, University of Notre Dame\u003c\/li\u003e \u003cli\u003eAlice Handy, CIO, Investure, LLC\u003c\/li\u003e \u003cli\u003eWilliam Spitz, CIO, Vanderbilt University\u003c\/li\u003e \u003cli\u003eDon Lindsey, CIO, George Washington University\u003c\/li\u003e \u003cli\u003eEllen Shuman, Vice President and CIO, Carnegie Corpo ration of New York\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWhile 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. \u003c\/p\u003e\u003cp\u003eBesides providing you with the practical perspectives of top investors and institutions, \u003ci\u003eFoundation and Endowment Investing—\u003c\/i\u003ethrough 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. \u003c\/p\u003e\u003cp\u003eAs 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 \u003ci\u003eFoundation and Endowment Investing\u003c\/i\u003e 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.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989237154021,"sku":"NP9780470122334","price":68.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470122334.jpg?v=1761783324","url":"https:\/\/k12savings.com\/products\/foundation-and-endowment-investing-isbn-9780470122334","provider":"K12savings","version":"1.0","type":"link"}