NEWS

University of Chicago Selects New Head of Real Assets

By David G. Barry

Kate Carder has been promoted to lead real assets for the University of Chicago Office of Investments, filling a spot that became open when longtime head Christopher Longee retired earlier this summer.


Carder disclosed that she had been named managing director of real assets in a LinkedIn post. In that role, Carder will oversee a more than $1 billion portfolio, consisting of real estate, energy, and other natural resource investments.


Carder has been with the university since 2010, starting as senior portfolio manager, public markets & absolute return. For the past eight years, she served as senior portfolio manager, real assets. Previously, Carder held roles with Leavitt Capital Management, Edgewater Partners and Susquehanna International Group.


Longee had served as managing director of real assets and private investments since 2004.


The University of Chicago Office of investments oversees $14 billion in assets, including the school’s endowment, which was valued at $8.6 billion as of June 30, 2021.


The university’s real assets team also includes Associate Portfolio Manager Kristin Staffeldt.