Dakota Live! Podcast

Dakota Live! Podcast: Navigating Investments with the CIO of North Dakota Trust Lands

Robert Morier Season 1 Episode 38

Frank Mihail, Chief Investment Officer of the North Dakota Department of Trust Lands joins us to share his experiences over his first year in the role and how he is approaching the strategic investments for the $7 billion sovereign wealth fund. The Land Board, which oversees the North Dakota Department of Trust Lands manages 2.4 million mineral acres with interest in more than 8,600 of the 17,400 producing oil and gas wells in the state. The Land Board manages 13 permanent education trusts, including the Common Schools Trust Fund, the state’s primary education trust fund. Over the last decade the Land Board has distributed more than $1.8 billion to K-12 education. Join the conversation as we explore the dynamic landscape of managing North Dakota’s valuable land and resource assets, and the importance of its mission in giving back to public education. Discover the strategies that drive the decisions behind allocating the state’s resources. In this thought-provoking conversation, we learn about the CIO’s approach to identifying investment opportunities that align with the state’s values and objectives. Tune in to gain valuable insights into the mindset of an investment leader who understands the significance of managing state assets with a forward-thinking perspective. Whether you're interested in investments, land management, or the responsible utilization of resources, this episode offers a wealth of knowledge that will leave you inspired and informed.

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