Rochester's endowment team takes one to two years to hire a manager
Doug Phillips · Doug Phillips – Middle of the Fairway at the University of Rochester (Capital Allocators, EP.123) · Feb 24, 2020 · at 28:00
Doug Phillips, Chief Investment Officer of the University of Rochester Endowment, describes the diligence timeline for hiring new external investment managers.
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“So it's not as if we find a firm and six months later they're in the portfolio. It takes us about a year or two to decide whether we're going to be moving ahead.”
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