The Treasurer's investment staff comprises twelve senior investment professionals with an average of 21 years investment experience. In addition, endowments and trust funds are separately invested when it is legally required. The coinvesting, or pooling, of endowments allows an individual endowment fund to benefit from diversification and economies of scale in the investment process. Funds enter and leave the pool on a monthly basis through the purchase or sale of shares at the unitized, or prorated, market value at the end of the month. Income is also unitized and allocated to participants based on the number of shares owned.
Income is distributed monthly.
Realized capital gains are reinvested in the pool. The separate identity of each fund participating in a pool is fully preserved, and each fund's share in the income and gains of the pools is assured. The overriding investment objective for all funds under The Regents' management is to achieve the maximum total rate of return possible, with a level of risk consistent with the nature of the funds under management. Regents' endowments currently invested in the GEP may not be transferred to the High Income Pool. The General Endowment Pool is a balanced portfolio in which the asset allocation of the fund is varied between equities and fixed income to accommodate fundamental changes in the long-term economic outlook.