Brown Leads Ivies for Third Year in a Row, as Columbia, Harvard Lag Behind
Endowment investment returns range from 32.3% to 51.5% for the fiscal year ending June 30.
Tag: endowment
Asset Allocation
MIT, Brown Endowments Report Over 50% Returns for 2021
MIT’s portfolio grew to $27.4 billion, while Brown’s rose to $6.9 billion.
Asset Allocation
Dartmouth to Phase Out Fossil Fuel Investments
The college warns that climate change effects are ‘real, far-reaching, and getting worse.’
Market Moves
Venture Capital Spurs Endowments’ Record Returns
However, Pitchbook warns that growth from alternative investments ‘could be more mirage than oasis.’
Winning Investment Strategies
Washington University, Duke Report Record Fiscal 2021 Returns
The endowments gain 65% and 55.9%, respectively, in what has been a banner year for institutional investors.
Corporate Moves
University of California Reports Biggest One-Year Gain in History
The portfolios returned 28.9%, or $38 billion, in 2021 to raise their total asset value to $168 billion.
Corporate Moves
Yale Chooses CIO from Within
Venture capital director Matthew S. T. Mendelsohn has been tapped to lead the $31.2 billion endowment.
CIO Innovation Awards: Nominations Open Until August 12
Nominate your best asset owners and managers for this year’s 11th awards gala bash.
Corporate Moves
Ellen Ellison, University of Illinois Foundation CIO, Steps Down
The allocator shared on social media that she will be leaving to pursue other endowment and investment-related activities.
How Allocators Are Honing Asset Strategies, Amid a Problematical Future
Many institutional investors have positioned their funds to generate returns, while others are girding for further volatility.
PE Fund CEO Charged With Lying to Secure $95 Million Loan
Elliot Smerling could face more than 60 years in prison for wire fraud, bank fraud, and identity theft.
Corporate Moves
Richard Chau Named Tulane CIO
Interim CIO permanently replaces Jeremy Crigler, who left in September after 12 years at the helm.
Asset Management Culture
University of Chicago CIO Mark Schmid to Retire in September
The endowment’s assets doubled under the CIO Lifetime Achievement Award winner’s guidance.
Asset Management Culture
David Swensen, Yale’s Iconic Endowment Chief, Dies at 67
He pioneered the push into alternative assets, now popular among institutional investors.
Asset Management Culture
Utah Endowment Considers Realignment Toward Sustainability
University’s Academic Senate approves recommendations to shift portfolio to ‘positive sustainability investments.’