Updated Wednesday, Sept. 28, 2016
The University will welcome Dahiya with a reception on Tuesday, Oct. 11, from 4-5 p.m. in the Martha Proctor Mack Grand Ballroom, Umphrey Lee Center. Faculty and staff members may RSVP online.
Dahiya will be responsible for oversight of the University’s $1.5 billion endowment, mineral interests and planned giving assets. He will work with the Investment Committee of the Board of Trustees, setting agendas, developing policies, formulating investment strategies, as well as recommending specific investment managers and vehicles for carrying out the investment program.
“Rakesh Dahiya’s experience in higher education investment management, particularly with sophisticated institutional portfolios much like SMU’s, as well as his achievements in corporate finance, makes him an excellent fit as SMU’s chief investment officer,” said SMU President R. Gerald Turner. “As we move forward in the University’s second century, Rakesh’s leadership and understanding of changing markets will ensure that SMU invests wisely with a close eye on the goals established by our Board of Trustees.”
“Current markets are complex and fast-moving. It was important that we find the best individual to monitor national and global markets and identify strategic opportunities that position the University for growth,” said Fred Hegi, chair of the Investment Committee of the SMU Board of Trustees. “I am pleased to say that we found that individual in Rakesh Dahiya.”
Since 2011, Dahiya served as Director of Marketable Strategies at the University of Florida Investment Corporation (UFICO), an independent investment management company with total assets over $2.7 billion. Prior to UFICO, he spent nine years at Washington University in St. Louis and six years at Ralston Purina.
Dahiya’s experience over the last 20 years includes working with investments of more than $3 billion in global equities and fixed-income markets. As Director of Marketable Strategies at the University of Florida, he was responsible for all hedge fund, traditional equity and fixed income strategies. At Washington University in St. Louis, a university with endowment assets over $5 billion, Dahiya oversaw the investment of $2.6 billion in global equities, fixed income and public real assets.
As a senior officer of SMU, Dahiya will serve on the President’s Executive Council and work with leadership on matters related to endowment spending and the communication of endowment strategy and performance. He will oversee investment research and analysis, implementation, risk management, accounting, performance measurement and reporting associated with the investment process, and with the management of real estate and mineral interests.
Dahiya graduated from Iowa State University with a B.B.A. degree in finance in 1994. He earned his M.B.A. from the University of Illinois in 1996.