This podcast episode offers valuable insights from Kim Sargent, CIO at Packard Foundation, who oversees $10 billion. Sargent emphasizes maintaining an equity orientation, diversifying into alternative asset classes, sourcing experienced managers, and conducting thorough diligence. She discusses challenges in managing a foundation's portfolio, the importance of ESG and diversity, and finding inefficiencies in emerging markets and small buyouts. The episode also introduces the Endowment Management Investment Fellowship, a program for talented undergraduates to gain exposure to nonprofit investing. Finally, it presents life lessons and experiences from successful investor and philanthropist Kim Lew, highlighting the role of education, mission-driven work, and strong mentors in shaping her career.
