Concentrated and Long-Term at Amherst College
With:
Letitia Johnson
Episode: 382
April 29, 2024
Capital Allocators
Letitia Johnson is the CIO of Amherst College, where she manages the school's $4 billion endowment.
Letitia Johnson
-
Concentrated and Long-Term at Amherst College
Episode: 382
April 29, 2024
Capital Allocators
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Episode Description:
Letitia Johnson is the CIO of Amherst College, where she manages the school’s $4 billion endowment. After thirteen years working with twenty-five clients and attending over 1,000 Investment Committee meetings at Cambridge Associates, Letitia developed a view about investing that differs from many similar pools of capital and has applied that view over the last five years.
Our conversation covers the subtleties of managing an endowment with a concentrated, bottom-up manager-selected approach for the long-term, including portfolio construction, risk and liquidity management, long-term investing, and competition for capital.
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All opinions expressed by Ted and podcast guests are solely their own opinions and do not reflect the opinion of the firms they represent. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
All opinions expressed by Ted and podcast guests are solely their own opinions and do not reflect the opinion of the firms they represent. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.