Finance & Business: Office of Investment Management

Office of Investment Management



www.psu.edu/oim

David E. Branigan
Executive Director of Investment Management
deb7@psu.edu

Linda Bowersox
Staff Assistant
leg2@psu.edu

Administrative Office:
Suite 212
103 Innovation Blvd
814-863-9150 (ph)
814-863-9160 (fax)

Units Within:
Investment
Administration
The Office of Investment Management (OIM) oversees the day-to-day management and administration of University investment funds. OIM submits policies and practices as appropriate for achieving investment and spending objectives to the Penn State Investment Council (PSIC) for their approval.

To accomplish these objectives, the investment office provides reports, analyses, and recommendations on investment policies, asset allocation, and endowment spending to PSIC. The OIM conducts due diligence in manager searches and closely monitors external money managers hired to invest the funds.

The University's assets include the Long-Term Investment Pool (LTIP), as well as non-endowed and other endowment-like funds. LTIP is a co-mingled fund of endowment assets that is broadly diversified among stocks, bonds, venture capital, private equity, hedge funds, and real estate.

In addition to benchmarking against various market indices, the University compares asset allocation, spending policies, and investment returns against a peer group of universities that include the Big Ten schools and similar public universities in the mid-Atlantic region.

Careful management of the University's investments is critical for the continued overall financial health of the University. The results enable Penn State to compete for the highest quality students and faculty, and provide increasing financial support for university programs supported by the endowment.

HEADLINES & UPDATES
Budget Office Announced its Biggest Loser
Steve Neeper shed almost 22 lbs. over eight weeks to become the University Budget Office’s “Biggest Loser.”
Amaechi, QS/QP Awards Headline Annual Spring Retreat
This year’s F&B Spring Retreat featured a talk from keynote speaker John Amaechi, four new Quality Service, Quality People Awards , and thorough discussions regarding F&B’s key initiatives.
Penn State Continues Commitment to Green Construction
Penn State is building one of the greenest law schools in the country. Penn State Dickinson School of Law’s two locations will feature modern green building methods that will aim to conserve resources and promote environmental awareness.
F&B Improvements Noted in Latest Diversity Climate Survey Results
As part of its Diversity Key Initiative, Finance and Business is continually developing new ways to improve the diversity climate in its units and maintain each office’s progress. A major step in that improvement is the 2007 Diversity Climate Survey.
New Videoconferencing Program Saves Time and Money
Thanks to a videoconferencing program, meetings at Penn State don’t have to be a long drive or walk away anymore. You can sign on to Adobe Connect and experience your meetings without leaving the office.
Ask and Learn…There are No Dumb Questions
One way to get answers is to ask questions. The short film “No Dumb Questions” sits in on three sisters and listens to their probing questions about their Uncle Bill’s transformation into a woman.
Employee Ethics and Compliance Hotline
Address your concerns about workplace issues anonymously with the Ethics and Compliance Hotline. This service will assist you with problems including financial matters such as fraud, theft, conflict of interest, and other violations of University policy, including research compliance matters, discrimination, athletics-compliance issues, and more. The hotline is available 24 hours a day, seven days a week at 1-800-560-1637.
Finance & Business Senior Leadership Signs Commitment Statement on Diversity. (pdf)
F&B Newsletter
View current and past issues online.
Help F&B Save Money
Have you ever looked around at work and thought, "If I were the boss, I'd do things differently. We could save a lot of time and money if only we'd...." Well, the F&B Expenditures Team wants to hear your ideas for changes that will result in saved time, resources, or money. Send your suggestions to expenditures@psu.edu.
F&B Approves Statement on Acts of Intolerance
As part of its Key Initiative to Foster Diversity, Finance & Business has adopted a Statement on Acts of Intolerance, outlining behavior and actions that are deemed inappropriate and harmful in the workplace. To view the Statement, visit the following page: FBIntolerancePolic(final).htm.
PENN STATE NEWS