Rockefeller University

Generated outreach message alignment report
1. You prioritize a limited number of long-term, high‑conviction relationships with external managers.
We are an owner‑managed, concentrated best‑ideas fund built for high‑conviction partnerships, aligning with your preference for deep, selective manager relationships.
Evidence
“The Investment Office seeks to maintain a limited number of long-term, high conviction relationships with highly qualified external managers.” “The selection process for new investments is highly competitive.”
2. You allocate meaningfully to long/short and absolute return strategies and emphasize low correlation and lower volatility.
Our strategy targets a low‑correlation, absolute‑return profile with risk controls—designed to complement equity beta and support your diversification objectives.
Evidence
“The policy emphasizes (1) a substantial allocation to equity investments; (2) broad diversification of asset class, style, and manager; (3) low correlation to traditional equity market indices; (4) low volatility strategies; and (5) less efficient asset classes.” “Long/short equities 377,911,568 ... Absolute return 462,833,070”
3. You maintain material allocations to international/global equities alongside U.S. exposure.
We run a global mandate with emerging markets capability, offering high‑conviction international ideas to complement your existing U.S. and global allocations.
Evidence
“Investments reported at net asset value: Public: U.S. long equities 302,789,869 ... International/global equities 206,321,383” “The endowment’s assets are invested in marketable securities, including U.S. and global equities and fixed income securities,”
4. You are comfortable investing through limited partnerships with NAV-based reporting and multi‑year lockups/redemption notice periods.
We operate a fund/LP structure with institutional liquidity terms and transparent reporting—matching your governance, valuation, and liquidity practices.
Evidence
“Investments in partnerships, as a practical expedient, are reflected at net asset value (NAV) as reported by the general partners,” “Equities and alternative investments – public contain various monthly, quarterly, semiannual, and annual redemption restrictions with required written notice ranging up to 180 days. In addition, certain of these investments are restricted by initial lockup periods.” “The amount subject to redemption lockup is set to expire as follows: ... $ 276,783,611”
5. Your policy favors substantial equity exposure and opportunities in less efficient asset classes.
Our concentrated, research‑driven approach in global and emerging markets targets mispricings in less efficient segments—aimed at alpha generation within an equity‑oriented program.
Evidence
“The policy emphasizes (1) a substantial allocation to equity investments; ... (5) less efficient asset classes.”
6. Endowment draw is a critical and stable source of operating support, reinforcing your emphasis on stability and diversification.
Our low‑correlation, risk‑managed return profile is designed to be resilient across cycles—helpful for institutions that rely on steady endowment support.
Evidence
“The $130.4 million draw from the endowment represented 30.8 percent of the university’s 2023 operating budget and remains a critical and stable source of research support.” “(4) low volatility strategies;”
7. You assess success over multi‑year horizons and highlight top‑quartile 5‑ and 10‑year results.
We bring a long, continuous track record and owner‑managed alignment—well suited to a partner that prioritizes persistent, long‑term performance.
Evidence
“The university’s 5- and 10- year returns are top quartile compared to peer endowments with assets greater than $1 billion.” “The Investment Office seeks to maintain a limited number of long-term, high conviction relationships with highly qualified external managers.”