Endowment Risk

As America's First Outsourced Chief Investment Officers®, Hirtle Callaghan understands that colleges, universities and secondary schools face operational and financial risks that must be considered when setting an appropriate investment strategy.

In conducting  a "3-D" Endowment Risk Study, Hirtle Callaghan seeks to provide a benchmark for educational institutions relative to operational, financial and investment risks. The objective of the study is to assist institutions in better managing the investment risks that they take and to determine the appropriate level of risk based on their current circumstances.

To reach this goal, we have analyzed the following information:

• Levels of Outstanding Debt and Its Structure (fixed/floating)
• Cash Flow
• Sources of the Operating Budget
• Strength of Enrollment/Competitive Environment
• Endowment Liquidity
• Endowment Asset Allocation

Please contact us emails@hirtlecallaghan.com for more information.