This podcast interviews Ed Grefenstette, CIO of The Dietrich Foundation, about the foundation's unique high-growth investment strategy. The conversation traces Grefenstette's career path, highlighting his mentorship by Bill Dietrich, the foundation's founder. The interview delves into the foundation's unconventional approach, with 90% of assets in illiquid investments like venture capital and private equity, its governance structure, and its thematic focus on innovation and emerging markets. Grefenstette shares insights on managing liquidity, selecting managers, and navigating geopolitical risks. Listeners gain understanding of a bold, high-performing endowment model and practical advice on manager selection and portfolio construction.
