New York University

also referred to as: nyu

16 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Jul 27, 2026 by Michelle Knudsen · said 65 times in 17 episodes since 2017 · across every show →

Mentions by year

brought up most by Ted Seides (23), Michelle Knudsen (21), Michael Levy (3), Tushar Jain (2), Michael Liddy (2), Jeff Aronson (2), Jason Karp (2), Ash Williams (2)

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00201.54032017201820192020202120222023202420252026episodesmentions per episode
2026 40 mentions in 1 episode
2025 3 mentions in 2 episodes 2 per episode
2024 1 mention in 1 episode
2023 4 mentions in 2 episodes 2 per episode
2021 5 mentions in 2 episodes 3 per episode
2020 2 mentions in 2 episodes 1 per episode
2019 5 mentions in 3 episodes 2 per episode
2018 2 mentions in 2 episodes 1 per episode
2017 3 mentions in 2 episodes 2 per episode

every mention, scene by scene, with the transcript →

Everything said about New York University, oldest first

Jul 27, 2026
Insight
Historical track records should prompt questions rather than drive investment decisions
“In general, that's how we think about any backwards looking data is it should be the impetus to ask questions, but not the basis on which we should make decisions.”
Michelle Knudsen Jul 27, 2026 ▶ 46:43 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
NYU's endowment targets roughly 25% allocation to absolute return strategies
“Our absolute return and opportunistic bucket we're building, but is expected to be about 25% of the portfolio.”
Michelle Knudsen Jul 27, 2026 ▶ 33:08 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 bullish
Disclosure
NYU uses high-leverage, trading-oriented hedge funds for its absolute return bucket
“One is on the hedge fund side, where when I was at the Mellon Foundation, we were relatively early to underwriting hedge fund strategies that are more trading oriented, that run higher levels of leverage, where you don't have necessarily a single persistent so…”
Michelle Knudsen Jul 27, 2026 ▶ 34:42 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
Knudsen revamped NYU's endowment governance and asset allocation in three months
“Within three months, we had a new governance structure. We had a new asset allocation framework. We had started triaging and re-underwriting every line item in the portfolio.”
Michelle Knudsen Jul 27, 2026 ▶ 27:36 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 neutral
Assertion Not checkable as stated
NYU has turned over or re-underwritten two-thirds of its $8B portfolio
“To put some quick numbers around it, NYU's portfolio today is about eight billion dollars. We've turned over a little more than a third of it in the last two years. We've re-underwritten another third of it.”
Michelle Knudsen Jul 27, 2026 ▶ 50:36 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 positive
Disclosure
NYU's endowment uses Claude, Gemini, Granola, and Whisperflow for research
“Whether it's using Claude or Gemini to take raw notes, put them into something that is a format we can all consume, or using Granola or Whisperflow to capture thoughts, record them for writing for other members of the team, trying to use these tools to do a be…”
Michelle Knudsen Jul 27, 2026 ▶ 1:03:34 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 positive
Disclosure
NYU prioritizes size-constrained, nimble public market asset managers
“We're looking at that with Asset managers who can be more nimble, which means they have to be size constrained. That's been a big area of focus for us over the last couple years.”
Michelle Knudsen Jul 27, 2026 ▶ 44:12 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
NYU endowment delegates manager selection to internal team up to 3%
“When it comes to manager selection, we rely on the expertise of the team who have spent their careers Getting to know the managers, understanding the landscape, the manager selection decisions rest with the team up until a certain point. Once you have a manage…”
Michelle Knudsen Jul 27, 2026 ▶ 28:56 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 positive
Disclosure
NYU uses AI to extract time-series data from manager audited financial statements
“All of the audited financial statements that we get for our managers, we read them looking for specific pieces of information. They're also interesting time series of data. Trying to use some of these tools to create a better picture over time of how individua…”
Michelle Knudsen Jul 27, 2026 ▶ 1:04:07 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Assertion Supported
Knudsen replaced 10 of NYU's 12 endowment team members since June 2024
“The team today is 12 across the investment team and the operations team. 10 of the 12 are new since June of 2024.”
Michelle Knudsen Jul 27, 2026 ▶ 56:44 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Assertion Contradicted
NYU's endowment held less than 15% in private assets before Knudsen
“When I got to NYU, less than 15% of the endowment was in private assets.”
Michelle Knudsen Jul 27, 2026 ▶ 35:40 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 bullish
Disclosure
NYU is substantially growing private market allocations while peer institutions retreat
“Our team has the view that there is still a lot of value to be had over the long term in private markets. Maybe not every private market. We want to be more discerning there. But we have the ability, and we have been growing that portfolio Substantially over t…”
Michelle Knudsen Jul 27, 2026 ▶ 35:47 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
Public and private equity comprise roughly 65% of NYU's endowment
“The asset class buckets that we have today on the equity side between public and private, it's about 65% of the portfolio.”
Michelle Knudsen Jul 27, 2026 ▶ 32:59 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026 positive
Disclosure
NYU's emerging manager strategy includes backing Fund Is and new hedge funds
“In the two years that I've been at NYU, we've backed A fund one, a new launch hedge fund, a couple fund twos started looking at how do we build relationships with not just the current generation of great managers, but also the next generation of great managers…”
Michelle Knudsen Jul 27, 2026 ▶ 51:28 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
NYU's endowment shifts core internal diligence debate to the 70% completion mark
“We've changed that where the big conversation isn't at the end. It's about 70% of the way through the research process, where the deal team has gone away, they've done a lot of work, they've probably decided this is something that they think they want to do, s…”
Michelle Knudsen Jul 27, 2026 ▶ 59:44 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
Jul 27, 2026
Disclosure
NYU seeks venture allocations spanning from incubator to pre-IPO stages
“We set out to build a balanced portfolio where we wanted to have allocations everywhere from early incubator stage of venture capital straight through to pre-IPO, now IPO-ing companies that have been growing massively.”
Michelle Knudsen Jul 27, 2026 ▶ 38:53 Rebuilding the NYU Endowment – Michelle Knudsen (EP.513)
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