MITIMCo
MIT's endowment — unusually open to small, unconventional managers.
Institutional LP CapitalFirmGlobal
Target market
Small, early and unconventional managers alongside established franchises
Typical check
Flexible — willing to write smaller checks into small funds
Geography
Global
Overview
MIT Investment Management Company invests MIT's endowment and is the most emerging-manager-friendly large endowment in the market. MITIMCo publicly courts small, early and unconventional managers, publishes essays on what it looks for, and has said explicitly that it prefers finding managers before the rest of the market does. For a Fund I or Fund II GP with a genuinely differentiated strategy, MITIMCo is one of the few institutional doors worth knocking on cold — they read inbound.
Key facts
- Manages the endowment of the Massachusetts Institute of Technology
- Publicly solicits pitches from small and first-time managers
- Publishes its criteria and essays for prospective managers
- One of the few large endowments that genuinely reads cold inbound
- Based in Cambridge, Massachusetts