O'Leary: Foundation maintains a fifty-fifty liquid to illiquid asset split
Shannon O'Leary · Shannon O'Leary – Relationship Capital Investing at St. Paul & Minnesota Foundation (EP.435) · Mar 10, 2025 · at 31:23
Shannon O'Leary is the Chief Investment Officer of the St. Paul & Minnesota Foundation, discussing portfolio construction and liquidity management with host Ted Seides.
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“We don't have the flexibility of, say, a college endowment, so you've got to have enough liquidity built in there, and then obviously we're looking for that return. That bucket is probably fifty-fifty in terms of liquid versus non-liquid.”
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