Boston College’s Endowment Returns 13.4%
Investment gains reverse fortunes of last year’s 4.3% loss, as fund hits $2.4 billion.
Investment gains reverse fortunes of last year’s 4.3% loss, as fund hits $2.4 billion.
Investment and endowment income, net of fees, jumps to $285.2 million from $22.2 million.
CEO/CIO Harris to renegotiate fees with endowment’s managers.
CEO says portfolio has ‘deep structural problems.’
College’s investment portfolio rebounds after losing 1.9% in 2016.
Foundation attributes strong gains to active management.
Blames regents for ‘policy flip flop’ and ‘political gamesmanship.’
NEPC survey finds responders more optimistic about US economy despite political uncertainty.
Fund cited active management as major contributor to strong returns.
Searches for niche opportunities within emerging markets.
Mary Cahill to step down after more than 16 years in the role, and search for replacement is launched.
Cost to manage illiquid portfolio assets too high to justify, according to Hossein Kazemi.
Smith’s lawyer says she’s a ‘fall girl,’ and calls the firing a ‘cowardly failure.’
Scathing report accuses fund of poor oversight, depletion of funds, and unauthorized transactions.