The investable assets of Cornell University provide financial support for the University's educational mission. The University Board of Trustees is responsible for strategic management of all investable funds, and implements policy through the Investment Committee of the Board. The Committee establishes investment objectives, determines asset allocation, appoints investment managers, and monitors the overall investment program and investment results. The Committee meets at least four times per year, and delegates authority for day to day management, supervision and administration of the funds to the Chief Investment Officer.