“If we can find the Warren Buffet of a given area, it doesn’t really matter what asset class it is. That type of talent applied to an interesting investment niche will generate the type of results that we’re looking for on a long-term basis.”
University endowments are meant to create long-term value by definition. In the case of the MIT Investment Management Company (MITIMCo), that long-term value supports not only world-class education but also cutting-edge research and innovation. Seth Alexander, President of MITIMCo, joins the podcast to discuss some of the strategic decisions his team faces, including:
- The evolution of MITIMCo’s investment philosophy and relationship with external managers
- Staying resilient by investing across a wide array of asset classes, including real estate, venture capital, energy firms, private equity, and more
- Building both macro trends and current events into their portfolio
- Measuring success across a 10+ year time horizon, and what MITIMCo will be investing in 50 years from now
About Seth Alexander
Seth Alexander is the President of the MIT Investment Management Company, or MITIMCo. MITIMCo manages the Endowment, Retirement Plan, Retiree Welfare Benefit Plan, and other financial assets of MIT. Prior to joining MIT, Seth was a Director at the Yale Investments Office. Seth is a member of the Whitehead Institute Investment Advisory Committee, an investment committee member of the Board of Managers, and an investment committee member of CRICO.
About MITIMCo
MITIMCO’s mission is to deliver outstanding long-term investment returns for MIT. It cultivates an ecosystem of exceptional people and enduring partnerships to sustain MIT’s pursuit of world-class education, cutting-edge research, and groundbreaking innovation. To learn, visit www.mitimco.org.
