Investment Committee of Board

• Approve annual allocation to SAP Fund
• Monitor performance of SAP Fund on a monthly basis as part of the University’s endowment
• May invite faculty and students to attend Investment Committee meetings to discuss SAP Fund.

Faculty

• Provide oversight and direction to students
• Submit buy and sell requests to Associate Vice President for Finance for approval and to Director of Investment and Treasury Services for processing
• Submit semester end reports detailing Fund performance to Department Chair, Associate Vice President for Finance, Director of Investment and Treasury Services.

Students

• Perform research and rebalancing within portfolio
• Prepare buy and sell requests for approval by faculty.

Office of Business and Finance

• Associate vice president for finance approves all buy and sell requests
• Director of investment and treasury services works with investment custodian to process all buy and sell requests
• Ensure all investments within the SAP Fund are liquidated annually

Investment Custodian and Investment Consultant

• Process all buy and sell requests
• Provide quarterly Fund performance report