Neal Triplett and Kim Lew Issues of Management at Duke and Carnegie (Capital Allocators, EP.116)

Published: Dec. 16, 2019, 10:30 a.m.

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Neal Triplett is the CIO of DUMAC, the organization that oversees Duke University\\u2019s $19 billion endowment, and Kim Lew is the CIO of the Carnegie Corporation, where she manages the $3.5 billion foundation created by Andrew Carnegie. A few weeks ago, Institutional Investor named Kim its CIO of the Year.\\xa0 She also appeared on the show last year in Episode 52, which is replayed after this one on the feed. I had the chance to interview Neal and Kim at the 2019 TIFF Annual Investment Forum.\\xa0 Neal and Kim are Board members of TIFF, a non-profit organization founded in 1991 as The Investment Fund for Foundations, that today manages $7.5 billion on behalf of only other non-profit pools of capital.

Our conversation covers a number of topics relating to Neal and Kim\\u2019s respective day jobs, including the evolving of their investment approach, integrating macroeconomic risk, defining their own competitive advantage, managing a team, countering behavioral biases, using data in manager evaluation, and tackling the most challenging part of their jobs.

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