Unc Management Company Inc

“Business relationships kevin guskiewicz, board member, and nate knuffman, board member, have a business relationship. Max chapman, board member, and john townsend, board member, have a business relationship.”

“Process used to review form 990 in february of 2025, management distributed a draft of the form 990 for tax year 2023 to the board of directors. Management sought comments and feedback from board members with respect to the draft.”

“Conflict of interest policy unc management company, inc. Has established a code of ethics which has been reviewed and approved by the company's board of directors. Unc management company is committed to the belief that sound business practices start with an absolute commitment from each employee to act ethically in carrying out the company's business and to comply with the laws and regulations that impact its business. Thus, unc management company's employees must avoid participating in activities that create or appear to create a conflict of interest. Unc management company has specified the following areas in its policy to be potential conflicts of interest: financial interest, outside employment, consultant contracts, acceptance of gifts, business courtesies, travel, lodging and entertainment, misuse of resources or assets, personal gain using undue influence, and use of confidential information. Unc management company's code of ethics requires employees to disclose participation in activities or circumstances that may present a conflict of interest on an annual basis or if at any time such individual becomes aware of circumstances that may present a conflict of interest. These disclosures are reviewed by the compliance officer (treasurer of the board of directors). In addition, unc management company's bylaws include a conflict of interest policy that applies to members of unc management company's board of directors. Such policy generally requires directors to disclose whether they have, or know of, certain conflicts of interest in connection with transactions being considered by unc management company and requires board or board committee approval of such transactions.”

“Determination of compensation for officers and key employees unc management company annually submits compensation and related data to an independent third party consulting firm which compiles statistical information gathered from colleges, universities, and university related investment management companies. Using this data, this consulting firm produces a customized study for unc management company detailing compensation ranges, on a position by position basis, for comparable institutions. The summarized results of this study have been presented to the company's board of directors. The company also uses data from additional third party sources to determine comparable compensation for administrative positions. Compensation levels for each of the officers of the company (president and ceo and vice presidents) are approved annually by the company's board of directors.”

“Governing documents unc management company, inc. Does not make its governing documents or its conflict of interest policy available to the public.”

“To provide investment management and administrative services to the university of north carolina and affiliates.”

“Unc management company's mission is to provide professional asset management services to the university of north carolina system, the university of north carolina at chapel hill and its other constituent institutions and their affiliated endowment, foundations and entities by maximizing the long-term return on the investment portfolio commensurate with specified risk parameters. Keeping with the highest professional and ethical standards, our objective is to protect and enhance the value of the assets entrusted to us. We strive to establish unc management company as the preferred provider of investment management services for the university of north carolina, its constituent institutions and affiliates.”

“Unc management company provides investment management services to the university of north carolina system, the university of north carolina at chapel hill and its other constituent institutions and their affiliated endowment, foundations and entities. Unc management company has been retained by the university of north carolina at unc chapel hill foundation investment fund ("chif") board of directors to serve as the investment manager for unc investment fund, llc (the "fund"). In this role, unc management company works in concert with the chif board of directors and is responsible for overseeing the fund's investments and providing administrative services, including evaluating and monitoring the external investment managers retained by the fund and recommending changes to the fund's investment objectives, asset allocation and investment implementation for approval by the chif board of directors. Unc management company also serves as investment manager for unc intermediate pool, llc, with the objective of generating a total investment return higher than what can be earned on short-term, money market based investments. Unc intermediate pool was established to meet certain liquidity needs of its participants.”