Asset Allocation
University of Michigan Endowment Returns 8.93% in Fiscal 2024
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
Tag: Endowments
Asset Allocation
Cornell Endowment Returns 8.7% for Fiscal 2024
Assets managed by the university’s Office of University Investments rose to $10.7 billion.
Asset Allocation
University of Pennsylvania Endowment Returns 7.1%
Assets of the fund increased to $22.3 billion as of June 30.
Asset Allocation
MIT Announces Endowment Performance, Returns 8.9% in Fiscal 2024
Assets managed by MITIMCo rose to $24.6 billion.
Asset Allocation
Stanford Investment Vehicle Returns 8.4%
In fiscal 2024, assets of the Stanford merged pool, about 75% of which come from the university’s endowment, rose to $42.8 billion.
Newsmakers
Caltech Hiring for Next CIO
Scott Richland, the California Institute of Technology’s current CIO, will step down in December after 14 years managing its endowment.
Asset Allocation
Duke Endowment Returns 8.0% in Fiscal 2024
Assets of the DUMAC rose to $11.9 billion at the end of June.
Asset Allocation
Brown University Endowment Returns 11.3% in Fiscal 2024
Assets of the endowment grew to its record high of $7.2 billion at the end of June.
Asset Allocation
UConn Endowment Returns 12.1% in Fiscal 2024, Plans Major Fundraising
Assets of the university's endowment rose to $634 million, and the organization has set its sights on reaching $1.5 billion in the next 10 years.
Asset Allocation
Columbia Endowment Achieves 11.5% Return in Fiscal 2024
In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.
Risk
Keeping Endowments Safe From Hackers
Cyberattacks on universities have soared, so university endowments are trying to catch up with other industries to ensure their portfolios are safe.
Alternatives
Dartmouth Endowment Returns 8.4% in Fiscal 2024
The fund rebounds from its 1.6% return in fiscal 2023.
Newsmakers
Rice University Endowment CIO to Step Down
Allison Thacker will step down from the Rice Management Co. on September 30.
Manager Selection
Yale Endowment Launches Incubator Program for New Asset Managers
Applications for the Prospect Fellowship, which aims to help candidates launch new firms, are due October 14.
Newsmakers
Broad Foundation Appoints Greg Outcalt as CIO
He succeeds Katharine Krieger as investment chief of the $2 billion foundation.