Provided as a service of Bentz Whaley Flessner
University endowment managers followed Yale investment guru David Swensen into private equity and hedge funds, eager for the same 16 percent annual returns he got. Now with the crash, they’re short on cash. Luckily for Yale, Swensen didn’t always follow his own advice.
Labels: endowment, higher education, Yale
posted by Courtney Lavery @ 3:07 PM
3 Comments
Some of America's universities are looking to sell parts of their investment portfolios privately, in order to preserve their rapidly eroding endowments.
Labels: challenges, economic climate, endowment, giving environment
posted by Barb Gonzalez @ 2:43 PM
6 Comments
A 4/13/08 article by Karen W. Areson at the New York Times, discusses how new attention is being paid to how endowments are structured, and on the restrictions donors impose.
Labels: donor restrictions, endowment
posted by Katie Drossos @ 9:23 AM
1 Comments
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