Notre Dame values its venture capital investments using 20% to 40% discounts
Scott Malpass · Scott Malpass – The Fighting Irish's Twelfth Man (Capital Allocators, EP.25) · Sep 18, 2017 · at 38:54
Scott Malpass, CIO of the University of Notre Dame endowment, describes how Notre Dame and its fund managers mark venture holdings conservatively.
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“Look, we, we're very conservative in our valuations. We report what our managers give us, On our valuations. They're very conservative. They take huge discounts. They're 2030, 40%, depending on the company.”
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