University of Miami
The University of Miami's endowment, managed by Chief Investment Officer Charmel Maynard, plays a crucial role in the financial health and mission support of the institution. The University of Miami's endowment stands at approximately $1 billion, a significant resource for funding educational programs, research initiatives, and scholarships. In his role, Maynard is responsible for developing and implementing investment strategies that ensure the growth and sustainability of this sizable endowment. His leadership is pivotal in aligning the university's investment activities with its broader goals, including a commitment to diversity, equity, and inclusion. In an interview with Life@TheU, a campus publication, Maynard remarked, “Diversity has always played a significant role in the success of the University’s investments and financial performance, but we fully acknowledge that there is room to do even more.” He further shared, “We believe that embracing diversity within our portfolios and team enables us to gain a competitive edge, ultimately resulting in greater financial sustainability.” Maynard, Associate Vice President, Chief Investment Officer, and University Treasurer joined the University of Miami in 2016 and he leads the University’s efforts to invest assets, including endowment and pension funds. Mr. Maynard is also responsible for the University’s capital structure, including liquidity and debt issuances. Additionally, he manages treasury and cash management. He was previously a vice president with J.P. Morgan’s Investment Bank in New York City. During his 10-year career with J.P. Morgan, he focused on investment banking, debt capital markets and leveraged finance, where he advised clients on capital structure solutions, deal structuring, and execution of syndicated revolving credit facilities, institutional term loans, and bond issuances.