Newsmakers
Washington University’s Kim Walker Steps Down
Walker will be leaving the $7.5 billion endowment by the end of the year, while the university searches for her successor.
Walker will be leaving the $7.5 billion endowment by the end of the year, while the university searches for her successor.
Declining returns and current market conditions have some questioning the infallibility of the endowment model—pioneered and perfected by David Swensen—and looking to reinvent.