The REIT fund was started in 2007 with an initial investment from part of the savings of the Real Estate Finance and Investment Center, and operates under the umbrella of the well-established MBA Investment Fund at the McCombs School. The fund is managed by a team of McCombs MBA students supported by McCombs undergraduates and overseen by McCombs finance faculty as well as an outside Advisory Board. The REIT Fund is unique in the business school in combining top McCombs MBA and undergraduate finance majors in a shared classroom and real money investment experience.