Scott Malpass on Why Soft Elbows Win Top Fund Allocations
Scott Malpass grew Notre Dame's endowment from $400M to $20B by rejecting aggressive LP negotiation tactics in favor of speed and manager trust.
Notre Dame’s Former CIO on Sequoia, Venture Capital & Concentration
With David Weisburd, Scott Malpass · Sunday, September 6, 2026
Former University of Notre Dame Chief Investment Officer Scott Malpass reflects on his 32-year career growing the university's endowment from $400 million to over $20 billion. He discusses the core traits of elite fund managers, Notre Dame's decades-long partnership with Sequoia Capital, the dangers of fund size expansion, and his concentrated equity strategy at Grafton Street Partners.
Scott Malpass on Why Endowments Over-Diversify
Former Notre Dame CIO Scott Malpass explains why Grafton Street Partners skips credit, real estate, and mega-funds for concentrated equity.
Scott Malpass on Endowment Governance and Hidden Lockup Risk
Scott Malpass details how Notre Dame scaled from $400M to $20B by fixing governance, managing liquidity buffers, and avoiding overlapping lockups.
Why Sequoia Kept Its Early-Stage Fund at $600M
Scott Malpass details how Notre Dame backed Sequoia Capital from $400M to $20B and why keeping early funds small protects venture returns.
Why Scott Malpass Traded LP Fee Discounts for Fund Capacity
Former Notre Dame CIO Scott Malpass explains why asset bloat destroys alpha and why smart LPs negotiate capacity over fee breaks.