University of Cincinnati

5 statements across 1 episodes · 0 bullish · 3 bearish · 1 people on the record · first statement Oct 29, 2018 by Karl Scheer · said 20 times in 2 episodes since 2018 · across every show →

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brought up most by Karl Scheer (10), Ted Seides (9), Greg Dowling (1)

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Everything said about University of Cincinnati, oldest first

Oct 29, 2018 bearish
Disclosure
Scheer: Cincinnati endowment halved fixed income allocation to 15% in one year
“We had, I guess I'll just get specific, we had about 30% in fixed income when I arrived, and we dropped that immediately to 15%. When I say immediately, we had a responsible staged migration that took about one year”
Karl Scheer Oct 29, 2018 ▶ 26:34 Karl Scheer – Competing Sensibly as CIO of the University of Cincinnati (EP.74)
Oct 29, 2018 neutral
Disclosure
Scheer: Made his first venture capital commitment in 2018 after ten years
“I have made my first venture capital investment about four months ago since I became a CIO in 2008.”
Karl Scheer Oct 29, 2018 ▶ 27:43 Karl Scheer – Competing Sensibly as CIO of the University of Cincinnati (EP.74)
Oct 29, 2018 neutral
Disclosure
Scheer: UC endowment caps hedge fund portfolio at 10 positions
“In our hedge fund portfolio, we have 10 positions. And we think that 10 positions is about the right amount of diversification. It's about the maximum amount of diversification in order for us to be able to monitor and manage and understand and know those hedg…”
Karl Scheer Oct 29, 2018 ▶ 44:08 Karl Scheer – Competing Sensibly as CIO of the University of Cincinnati (EP.74)
Oct 29, 2018 negative
Disclosure
Scheer: Cincinnati endowment lost 40 basis points on a due diligence miss
“We invested in a hedge fund that was a low volatility hedge fund that had an outsized position in it, which I failed to identify during due diligence. It ended up costing the portfolio something like, I think, 40 basis points at the top line. So not a big deal…”
Karl Scheer Oct 29, 2018 ▶ 43:24 Karl Scheer – Competing Sensibly as CIO of the University of Cincinnati (EP.74)
Oct 29, 2018 negative
Disclosure
Scheer stops reporting one-year returns, urges Big 10 endowments to follow
“I have ceased to show anyone one year returns versus peers, and I hope that a bunch of Big 10 endowments and those like UC that are kind of on the periphery of Big 10 endowments have agreed never to provide Nucubo, for example, with one year returns, because w…”
Karl Scheer Oct 29, 2018 ▶ 47:54 Karl Scheer – Competing Sensibly as CIO of the University of Cincinnati (EP.74)
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