Doug MacBean, Deputy Chief Investment Officer of the California Institute of Technology’s Investment Office (Caltech) joins us at Dakota Live! to share the ingredients from his career and how he approaches his role as an endowment allocator. Like any good recipe, Doug describes the steps to help us better understand his team’s approach to asset allocation and underwriting process as it relates to investment manager research and selection. Sit down for this insightful and informative conversations with one of the industry’s leading investors.

In the latest episode of the Dakota Live! Podcast, Robert Morier is thrilled to welcome Vince Smith, Chief Investment Officer and Deputy State Investment Officer at the New Mexico State Investment Council.

With over 37 years of experience in public fund investment, Vince oversees New Mexico's Permanent Funds, managing a diverse portfolio valued at $53.5 billion.

Under Vince’s guidance, the investment strategies of the New Mexico State Investment Council have evolved to include a comprehensive top-down macro approach. Vince delves into his extensive background and how it has shaped his investment philosophy and strategies.

Discover the insights and strategies that Vince brings to the table:

Macro Perspective: Learn how understanding global economic trends shapes effective investment decisions.

Demographic Shifts: Explore the impact of changing demographics on market strategies and portfolio management.

Trust and Relationships: Understand the critical role of building trustworthy and long-term relationships in the investment world.

This episode not only highlights the sophisticated investment strategies employed by the New Mexico State Investment Council but also offers a deeper insight into Vince’s leadership and his forward-thinking approach to managing public funds.

Whether you're an industry professional or an aspiring investor, this discussion will enrich your understanding of strategic investment management and the value of a well-balanced portfolio.

Tune in to explore the intricacies of Vince’s investment strategies and what sets them apart in the investment world.

In this enlightening episode of the Dakota Live! Podcast, host Robert Morier sits down with Breanna Stein Genecov, Director of Portfolio Solutions and OCIO with Makena Capital. With a background in risk management, portfolio strategy, and manager selection, Breanna offers a deep dive into the complex world of Makena Capital’s OCIO business and how the firm shapes investment outcomes for a diverse client base.

Makena Capital Management, LLC was formed in 2005 by senior executives from the Stanford Management Company along with other leading practitioners from elite North American endowments and foundations.

The firm offers investment expertise, scale and access to a diverse client base which includes endowments, foundations, family offices, sovereign wealth funds and international institutions focused on preserving and growing multigenerational capital. As of December 2023, the firm is responsible for over $20 billion in capital under management.

Beginning as an intern with Makena Capital to her role today, supporting the design, implementation, and management multi-asset class portfolios, Breanna enhances our understanding of the role of the OCIO and the strategic decisions that drive Makena’s investment strategy. With an MBA from Stanford Graduate School of Business, her insights are grounded in substantial academic and practical experience, making her perspective invaluable to anyone interested in the dynamics of manager selection and asset allocation.

Episode Highlights:

• The Role of OCIO: Explore how OCIOs like Makena Capital manage investments for endowments, foundations, and family offices, ensuring their long-term financial health and growth.
  
  
• Career Insights: Breanna discusses her career trajectory, including her shift from covering natural resources to multi-asset class solution management, and the impact of her education on her professional path.
  
  
• Investment Strategies: Gain insights into Makena Capital's approach to investment, focusing on risk management, asset allocation, and the key attributes Makena looks for in asset management partners.
  
  
• Future of Investing: Discussion on the evolution of investment strategies in response to market changes.
  
  

Whether you're a professional in the industry or an interested observer, there's something in this episode for everyone.