Newsmakers
Harvard Endowment Returns ‘Disappointing’ 8.1% in 2017
CEO says portfolio has ‘deep structural problems.’
Tag: Endowments
Research
Dartmouth Endowment Returns 14.6%, Hits New High
College’s investment portfolio rebounds after losing 1.9% in 2016.
Michigan State Endowment Gains 15.4%
Foundation attributes strong gains to active management.
Newsmakers
University of Wisconsin Oshkosh Foundation Files for Bankruptcy
Blames regents for ‘policy flip flop’ and ‘political gamesmanship.’
Hedge Funds Among Marketable Alternatives Gaining Popularity in Endowment, Foundation Portfolios
NEPC survey finds responders more optimistic about US economy despite political uncertainty.
Research
Oxford University Endowment Returns 16.4% for 2016
Fund cited active management as major contributor to strong returns.
Newsmakers
Hartford HealthCare Increases Allocations to Private Strats
Searches for niche opportunities within emerging markets.
Emory University CIO to Retire
Mary Cahill to step down after more than 16 years in the role, and search for replacement is launched.
Multi-Asset ETF Portfolio Best Route for Smaller Endowments, Isenberg Professor Says
Cost to manage illiquid portfolio assets too high to justify, according to Hossein Kazemi.
Louisville Foundation Fires Chief Administrator Kathleen Smith
Smith’s lawyer says she’s a ‘fall girl,’ and calls the firing a ‘cowardly failure.’
Newsmakers
Louisville Endowment Audit Finds Rampant Mismanagement
Scathing report accuses fund of poor oversight, depletion of funds, and unauthorized transactions.
Ohio State University Endowment Reaps $1 Billion for 50-Year Energy Contract
Deal provides OSU fund with its single-largest investment.