Office of Investment Management
David E. Branigan
Executive Director of Investment Management
deb7@psu.edu
Aimee L. Crihfield
Staff Assistant
alc21@psu.edu
Administrative Office:
212, The 103 Building
814-863-9150 (ph)
814-863-9160 (fax)
Units Within:
Investment
Administration
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.
