Rockefeller University barred endowment investments in board members' funds
Tom Lenehan · Bill Ford – General Atlantic (Manager Meetings, EP.03) · Jul 22, 2021 · at 5:54
Wallace Foundation CIO Tom Lenahan explains the governance and conflict-of-interest policies instituted during his prior tenure running the Rockefeller University endowment.
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“So what's interesting is while at Rockefeller, we had put in a conflict of interest policy in place. It was one of the first things we did. And to be honest, I think it was one of the best things we ever did. So that we could actually not commit or invest in any of our managers or any of our board members funds. So that included folks like Henry Kravis, like Jim Simons, Sandra Horbach, and of course, Bill Ford.”
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