{"id":5,"date":"2019-01-10T16:23:44","date_gmt":"2019-01-10T21:23:44","guid":{"rendered":"https:\/\/www.bu.edu\/investments\/chief-investments-office\/"},"modified":"2026-04-17T09:56:13","modified_gmt":"2026-04-17T13:56:13","slug":"chief-investments-office","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/investments\/","title":{"rendered":"Boston University Investment Office"},"content":{"rendered":"<div class=\"header-container\">\n<div class=\"header-content\">\n<a class=\"smooth\" href=\"#io-1\"><\/p>\n<div class=\"arrow\"><img loading=\"lazy\" src=\"\/investments\/files\/2019\/05\/red-arrow.png\" alt=\"\" width=\"50\" height=\"50\" class=\"size-full wp-image-215\" \/><\/div>\n<p><\/a><\/p>\n<div class=\"head-title\">\n<hr class=\"center\">\n\t<span class=\"bu-title\">Boston University<\/span> <br \/>\n\t<span class=\"office\">Investment Office<\/span><br \/>\n        <span>122 Bay State Road<\/span>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"io-1\"class=\"row intro-container\">\n<div class=\"mission col-md-8\">\n<hr class=\"left\">\n<h3>Our Mission<\/h3>\n<p class=\"subhead\"><strong>The Boston University Investment Office seeks to support the mission of the University through effective stewardship of the Endowment ($4+ billion).<\/strong> <\/p>\n<p>Boston University is the 4th largest private, not-for-profit, residential research university in the US, with over 35,000 students and annual revenue in excess of $2.8+ billion.<\/p>\n<p><img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/650X500_0000s_0001_18-1860-STOCK-015.jpg\" alt=\"\" width=\"650\" height=\"500\" class=\"alignnone size-full wp-image-358\" srcset=\"https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0001_18-1860-STOCK-015.jpg 650w, https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0001_18-1860-STOCK-015-636x489.jpg 636w, https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0001_18-1860-STOCK-015-400x308.jpg 400w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/>\n\t<\/div>\n<div class=\"mission col-md-4\">\n<div class=\"report\">\n<h3>BU Annual Report<\/h3>\n<hr>\n<\/div>\n<p>\n<img loading=\"lazy\" src=\"\/investments\/files\/2024\/04\/Boston-University-Annual-Report-2023-cover.jpg\" alt=\"BU Annual Report\" width=\"215\" height=\"287\" class=\"align-left size-full\" \/><br \/>\n\t\t<a href=\"https:\/\/ar.bu.edu\/2025\/\" target=\"_blank\" class=\"button\" rel=\"external noopener noreferrer\">BU Annual Report<\/a><br \/>\n                <a href=\"https:\/\/www.bu.edu\/cfo\/files\/2025\/09\/FY25-Boston-University-Consolidated-Financial-Report_Final_9.25.25.pdf\" target=\"_blank\" class=\"button download\" rel=\"noopener noreferrer\">Audited Financials<\/a>\n<\/div>\n<div class=\"mission col-md-4\">\n<div class=\"report\">\n<h3>Investment Director Job Opening<\/h3>\n<hr>\n<\/div>\n<p><\/p>\n<p>                <a href=\"\/investments\/files\/2026\/04\/BU-Investment-Director-Profile-2026.pdf\" target=\"_blank\" class=\"button download\" rel=\"noopener noreferrer\">Position Description<\/a><br \/>\n\t\t<a href=\"mailto:rinvest@bu.edu\" class=\"button\" rel=\"noopener noreferrer\">Apply Here<\/a>\n<\/div>\n<div class=\"mission col-md-4\">\n<div class=\"report\">\n<\/div>\n<p><\/p>\n<\/div>\n<\/div>\n<div class=\"row goals\">\n<div class=\"goals-intro\">\n<hr class=\"center\">\n<h3>Our Goals<\/h3>\n<p class=\"subhead\">\n\t\tToday, our Endowment distributions support ~4% of the University\u2019s annual operating budget and <span class=\"red-text\">our goal is to provide stable near-term and growing longer-term operating support.<\/span> <br \/>Both of these characteristics shape our investment strategy:\n\t<\/p>\n<\/div>\n<div class=\"goals-col col-md-4\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/370X265_0000s_0005_17-1555-BRAINS-056.jpg\" alt=\"brains\" width=\"370\" height=\"265\" class=\"aligncenter size-full wp-image-348\" \/><\/p>\n<p class=\"red-text\">Equity dominance to grow<\/p>\n<\/p><\/div>\n<div class=\"goals-col col-md-4\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/370X265_0000s_0003_14-8363-EPIC-287-copy.jpg\" alt=\"student looking under microscope\" width=\"370\" height=\"265\" class=\"aligncenter size-full wp-image-352\" \/><\/p>\n<p class=\"red-text\">Ability to accept short-term volatility for greater longer-term returns<\/p>\n<\/p><\/div>\n<div class=\"goals-col col-md-4\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/370X265_0000s_0002_15-8967-MACRO-001.jpg\" alt=\"technology engineering\" width=\"370\" height=\"265\" class=\"aligncenter size-full wp-image-351\" \/><\/p>\n<p class=\"red-text\">Diversification to ensure sustainable annual operating budget support<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"row mid-container\">\n<div class=\"inter-eq col-md-6\">\n<hr class=\"left\">\n<h3>Intergenerational Equity<\/h3>\n<p class=\"subhead\">We strive to <span class=\"red-text\">preserve (and enhance) the real purchasing power of the Endowment<\/span> by delivering attractive risk-adjusted and absolute returns over time.\n<\/p>\n<p>\t<a href=\"https:\/\/www.bu.edu\/investments\/team\/\" class=\"button\">Meet Our Team<\/a>\n\t<\/div>\n<div class=\"inter-img col-md-6\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/650X500_0000s_0000_19-1350-CREST-163.jpg\" alt=\"\" width=\"650\" height=\"500\" class=\"aligncenter size-full wp-image-357\" srcset=\"https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0000_19-1350-CREST-163.jpg 650w, https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0000_19-1350-CREST-163-636x489.jpg 636w, https:\/\/www.bu.edu\/investments\/files\/2019\/06\/650X500_0000s_0000_19-1350-CREST-163-400x308.jpg 400w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/>\n\t<\/div>\n<\/div>\n<div class=\"row bottom-container\">\n<div class=\"manager-intro\">\n<hr class=\"center\">\n<h3>Manager Partnerships<\/h3>\n<p class=\"subhead\">In pursuit of these objectives, our team of experienced investment professionals seeks to <span class=\"red-text\">build robust partnerships with best-in-class managers by:<\/span><\/p>\n<\/div>\n<div class=\"manage-col-container\">\n<div class=\"manage-col\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/370X265_0000s_0001_18-1941-DAVEY-148.jpg\" alt=\"examining microscpoe\" width=\"370\" height=\"265\" class=\"size-full wp-image-350\" \/><\/p>\n<p class=\"red-text\">1. Being an effective fiduciary that:<\/p>\n<ul>\n<li>Supports investment managers through cycles<\/li>\n<li>Invests:<\/li>\n<ul>\n<li>With a focus on quality and value<\/li>\n<li>With a long-term, contrarian perspective<\/li>\n<li>Creatively and flexibly<\/li>\n<li>Globally and across all asset classes<\/li>\n<\/ul>\n<li>Diversifies to compound value over time<\/li>\n<li>Rebalances for risk control<\/li>\n<\/ul><\/div>\n<div class=\"manage-col\">\n<img loading=\"lazy\" src=\"\/investments\/files\/2019\/06\/370X265_0000s_0000_17-1529-LOVERROLEWIS-001.jpg\" alt=\"\" width=\"370\" height=\"265\" class=\"size-full wp-image-349\" \/><\/p>\n<p class=\"red-text\">2. Partnering closely with managers who:<\/p>\n<ul>\n<li>Value their investors\u2019 partnership<\/li>\n<li>Incorporate long-term perspectives<\/li>\n<li>Offer well-integrated investment philosophy\/strategy and portfolio management<\/li>\n<li>Seek to capitalize on competitive advantage and\/or dislocation<\/li>\n<li>Prioritize organizational excellence<\/li>\n<\/ul><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Boston University Investment Office 122 Bay State Road Our Mission The Boston University Investment Office seeks to support the mission of the University through effective stewardship of the Endowment ($4+ billion). Boston University is the 4th largest private, not-for-profit, residential research university in the US, with over 35,000 students and annual revenue in excess of [&hellip;]<\/p>\n","protected":false},"author":15673,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"page-templates\/no-sidebars.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/pages\/5"}],"collection":[{"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/users\/15673"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":50,"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/pages\/5\/revisions"}],"predecessor-version":[{"id":734,"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/pages\/5\/revisions\/734"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/investments\/wp-json\/wp\/v2\/media?parent=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}