University of Toledo Faculty Senate Minutes December 02, 2025
Diogenes Capital Manages Parking Investment Structure
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Description
Through its ParkUToledo arrangement with Diogenes Capital, the University of Toledo keeps parking proceeds in an investment account while leveraging short-term borrowing for renovations. The structure is expected to generate about $50 million in excess returns over time for capital use.
Contract Details
Vendor
DIOGENES CAPITAL
Agency
University Of Toledo, OH
Contract Type
FINANCIAL_SERVICES
Document Date
December 2, 2025
Renewal Info
Ongoing investment/financing structure associated with the parking concession; no amendments or renewals were discussed.
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