Asset Allocation
Notre Dame Endowment Loses 6.9% in 2022
While a far cry from 2021’s 53.2% return, the pool outperformed its benchmark by 660 basis points.
Tag: Endowment
Regulation
Connecticut Bill Would Allow Cities to Tax Private College Endowments
Yale’s $41.4 billion endowment could be targeted by the city of New Haven if the proposed legislation passes.
Asset Allocation
Endowments, Foundations Increase OCIO Use, but Underutilize Alts
A CAPTRUST survey also found that the number of nonprofits allocating to ESG investments decreased in 2022.
Asset Allocation
UC Investments Gives $4 Billion Boost to Blackstone Real Estate Fund
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.
Asset Allocation
UNC, NC State Endowments Killed It in Fiscal 2022
Returns of 4.4% and 3.2%, respectively, for the Tarheels and Wolfpack are among the best in the U.S. for the year ended June 30.
Regulation
Proposed Legislation Aims to Improve Diversity in College Endowment Asset Management
The bill would require colleges and universities to disclose the share of their endowments invested by minority- and women-owned asset management firms.
Asset Allocation
Renewable Energy Powers Michigan Endowment to Robust 2.2% Return
CIO credits renewable fuel and sustainable energy investments for outperforming the average by 870 basis points.
Asset Allocation
Stanford University’s Endowment Loses 4.2% in Fiscal 2022
Total assets under management decline to $40.1 billion from $41.9 billion in fiscal 2021.
Manager Selection
Hamilton College Names Columbia’s Lauren Jacobson CIO
The managing director of the $13.3 billion Ivy League endowment will take the investment helm at Hamilton November 7.
Asset Allocation
Harvard Endowment’s 1.8% Loss Deemed ‘Very Good Result’
Despite the negative return, Harvard is outperforming most of its peers after lagging in 2021.
News
Columbia, Brown, Iowa Endowments Lose 7.6%, 4.6%, 2.4%
Falling markets and rising inflation take toll on endowment investment portfolios.
Asset Allocation
Yale Endowment Gains 0.8%, Duke, Cornell Post Small Losses in 2022
Yale CIO sees ‘challenging times ahead’ due to rising interest rates, inflation, and geopolitics.
Asset Allocation
Princeton to ‘Dissociate’ Fossil Fuel Investments
The university targeted 90 companies active in thermal coal or tar sands segments of the fossil fuel industry.
Manager Selection
Brandeis Seeks New CIO, Amherst Looks to Add to ‘Mighty’ Investment Team
Replacement sought for former Brandeis CIO Nick Warren, who left in March to join Glenmede Trust.
Asset Allocation
Penn, Dartmouth, University of Minnesota Endowments Swing to a Loss in 2022
Investment portfolios see sharp reversal from last year’s record returns.