Publications
Publications
- April 2005
- HBS Case Collection
The University of Chicago Investment Office: Investing in Timber
Abstract
In 2005, the University of Chicago Investment office was deciding how much capital to allocate toward timber investing. Explores the challenges associated with optimal portfolio construction when one of the invested assets is illiquid with limited historical price transaction data.
Keywords
Investment Portfolio; Decision Choices and Conditions; Financial Services Industry; Education Industry
Citation
Hecht, Peter A., and David Mace. "The University of Chicago Investment Office: Investing in Timber." Harvard Business School Case 205-101, April 2005.