Investor

MIT Investment Management Company (MITIMCo) is a department within MIT that manages over $25 billion in financial assets for the Institute’s endowment, retirement plan, and other capital pools. We are a leading investment management firm whose mission is to deliver outstanding long-term investment returns for MIT, and our work directly furthers the transformative research and educational efforts of this world class institution.

The Global Investment Staff (GIS) within MITIMCo invests primarily in partnerships with external investment managers. We deliver best in class returns for MIT by investing all over the world across a variety of strategies including long equity stock picking, hedge funds, private equity, venture capital, real estate, and natural resources. Our mandate is to invest MIT’s capital in the most compelling public and private investment opportunities available globally in partnership with the world’s best investors.

As investors in third party investment firms, our role extends to evaluating both the people who run them and the assets they own. Since our capital base is permanent and our strategic vision is long-term, we can invest with a longer time horizon than most other investors. This time horizon enables us to think and behave as aligned business owners, employ a patient and analytical decision‑making process, and invest in attractive opportunities that may not be suitable for many investment firms, including investments in less proven strategies and money managers.

We seek to build long‑ relationships in the industry, and having a tenured staff helps to maintain these relationships over many years.

We employ a generalist model eschew hierarchy. The GIS team structure is flat, and all team members report directly to the Chief Investment Officer. Several of our most important investment decisions and most powerful strategic insights have been led by team members early in their professional careers. Our flat and generalist model aligns with our philosophy of group responsibility: we aim to win, and successes and failures are borne as a team.

New team members are empowered to contribute and lead right away regardless of experience level. Similarly, our most tenured colleagues do their own primary research and support initiatives led by newer colleagues. All GIS serve on MITIMCo internal investment committee and help make major investment decisions We take an apprenticeship approach with our onboarding, and new colleagues will work closely with an assigned mentor and other team members to identify main areas of initial portfolio focus and to identify areas for growth and professional development.

We are highly motivated by MIT’s impact on the world. You will be able to make a tangible link between the dollars generated by our investment performance and MIT’s ability to fund research, educate students, and provide financial aid. Each team member is expected to contribute to our mission through honing their investment skills and sourcing great opportunities to deploy MIT’s capital.

Given this broad scope, a typical day on the investment staff differs based on individuals’ goals, strengths, and areas of focus, all of which may evolve over time. Here are some ways various GIS team members have served MITIMCo’s mission recently:

• Traveled to a swimming pool factory to co‑diligence an asset with an investment manager firsthand
• Hosted a day‑long Emerging Managers Roundtable at MITIMCo connecting many talented investors
• Introduced a new process for making direct, private investments in early‑stage companies
• Traveled to Tokyo to study how recent policy changes may affect investment opportunities in Japanese private equity and public markets investing

There are also responsibilities that remain consistent for all team members:

• Source potential investment opportunities for MIT by utilizing and building networks, independent research, and collaboration with teammates; screen high volume of inbounds with sound independent judgment; write investment memos with guidance from mentor and team; serve on internal investment committee.
• Conduct due diligence on potential…