How individual investors can benefit from today's academic endowment investing strategies
Inside Billion-Dollar Endowments is an approachable, pragmatic guide for individual investors who want to use the proven investment strategies of large academic endowments. It provides a unique look into the world of endowment investing through extensive interviews with the CIOs of several dozen endowments, as well as other related endowment fund managers. Divided into three informative parts, the book provides specific practices and tools for replicating the investment decisions of top endowments, including asset allocation, fund evaluation, and alternative investment access, and highlights key differences between individual investors and institutional investors that must be taken into account when duplicating the strategies of top endowments. Inside Billion-Dollar Endowments not only describes why academic endowments consistently beat the market, but also translates these concepts into prescriptive advice for the individual investor.
John Baschab (Dallas, TX) was a cofounder of Impact Innovations Group, a $100 million business services company. Jon Piot (Dallas, TX) is a partner at Redpoint Capital Group, a private equity investment group. He was a cofounder and CEO of Impact Innovations Group.