McIntire Investment Institute

McIntire Investment Institute

The McIntire Investment Institute (MII) is an entirely student-run long-short equity fund at the University of Virginia, one of the largest in the nation. With a portfolio currently valued at approximately $500,000, the MII operates as a nonprofit organization under the McIntire Foundation. The Institute strives to achieve real capital appreciation through a variant perception of the market. The Institute was founded in 1994 by an endowment established by McIntire alumnus John Griffin (President, Blue Ridge Capital). The Institute has since donated $150,000 of its gains, including $75,000 in April 2006 to the new McIntire building on the Lawn.[1]

History

The McIntire Investment Institute was first conceived by McIntire alumnus John Griffin (COMM, ’85 and President, Blue Ridge Capital). Mr. Griffin donated $1,000,000 to the University in 1993; $575,000 was earmarked for a student-run investment organization. An initial $100,000 was made available to the students in October 1994, and an additional $200,000 was allocated to the fund in 2000. The Institute has since donated $150,000 of its gains, including $75,000 in April 2006 to the new McIntire building on the Lawn.[2]

References

  1. ^ http://www.virginia.edu/uvatoday/newsRelease.php?id=565
  2. ^ http://www.highbeam.com/doc/1P1-5495448.html

External links



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