E213: How Fordham Invests Its $1B Endowment

In this episode of the podcast, David Weisburd interviews Geeta Kapadia, the Chief Investment Officer at Fordham University, about her strategies for managing the university's billion-dollar endowment. They discuss aligning stakeholders, constructing a portfolio that generates alpha, and treating portfolio allocations as strategic gains. Geeta shares her frameworks on active versus passive management, relationship-driven GP selection, and ensuring investment decisions advance both the university's financial goals and mission. She also touches on leveraging the alumni base, managing relationships with fund managers, portfolio allocation, and the challenges of liquidity in semi-liquid interval funds and continuation vehicles.