The Ohio State University names a new Chief Investment Officer (“CIO”) as the current CIO announces his retirement. Vishnu Srinivasan (“Vish”), an accomplished investment executive, will oversee the future strategic development and ongoing management of the university’s Long Term Investment Pool beginning on May 18th.
The Ohio State University Long Term Investment Pool (LTIP) generated a return of 1.20% for the fiscal year ending June 30, 2019, marked by unfavorable performance of legacy asset allocations.
Ohio State's investment portfolio earned a +7.7 percent net return in fiscal 2018 and grew to a record $5.2 billion.
The market value of the Long-Term Investment Pool grew $958 million in fiscal 2018 while distributing $201.5 million to support student scholarships, faculty positions and other academic priorities.
Ohio State’s portfolio was worth $4.25 billion at the beginning of the fiscal year, ranking it as the 23rd largest college endowment in the country.
Ohio State's investment portfolio earned a +14.5 percent return for fiscal 2017, placing it among the top quartile of university endowments for the year.
The market value of the Long-Term Investment Pool was $4.25 billion as of the June 30 end of the fiscal year. Since then, Ohio State has invested $819 million in proceeds from the Comprehensive Energy Management Project in the LTIP, bringing the market value to more than $5.15 billion as of Oct. 2.
Ohio State's investment team outperformed the benchmark for each major asset class in fiscal 2017, surpassing the portfolio benchmark...
