It was a pleasure to sit down with Dan Feder, Senior Managing Director with the University of Michigan Investment Office who leads the endowment’s investments in venture capital and private equity. Prior to joining the University of Michigan, Dan was the Managing Director of Private Markets at the Washington University Investment Management Company. Dan’s career in endowment management began at the Princeton University Investment Company where he led the development of Princeton’s global private equity and venture capital portfolio. Dan has also served as the Managing Director of Private Markets for the Sequoia Capital Heritage Fund (an endowment-style investment fund sponsored by Sequoia Capital) and as a Senior Investment Manager in the endowment services area at TIAA-CREF.We covered: Endowment portfolio construction Incentive structures in LP land Backing conflicting strategies UMich’s framework to investing Picking individuals vs firms---Timestamps:(((((((((((((---Linktree: https://linktr.ee/uncappedpodTwitter: https://x.com/jaltmaEmail: [email protected]