Tag: Endowment
Brown University Settles ERISA Class Action Suit for $3.5 Million
Complaint alleged excessive fees cost 403(b) participants millions.
CIO NextGen Nominations to Continue All March Long
How Does Yale Do It? By Being Different
Yale’s asset allocation bears no resemblance to the average university endowment.
Private School Endowments Return 7.4% in 2018
Size matters, as the larger funds outperformed the smaller ones.
Help Wanted: UC Seeks Private Equity Director, Investment Officer
The $120 billion California university system endowment wants collaborative types.
Warren Buffet Tells Pensions and Endowments to Cut Management Fees
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
Michigan Endowment Dips Toe into Crypto Pool
University reveals $3 million investment in cryptonetwork fund.
Penn State Needs a New CIO
Endowment searching for a successor to newly retired first chief financial official.
Duke Pays More than $10 Million to Settle Retirement Plan Lawsuits
The university allegedly violated ERISA with poor investments and unreasonable expenses.
UC Endowment Shifts Major Cash into Alts
The huge fund is targeting real estate, private equity, and hedge funds.
UC Regents Had a Bad Q4 Surprise, Losing $9 Billion
The late-year market slide happened quickly, CIO Bachher says.
Endowment Index Falls 9% in 2018
Recession fears, trade wars, rate hikes, and a strong dollar weigh down index.
Higher Education Endowments Underperform the Market
Study of more than 28,000 endowments says ‘wisdom’ of top universities is ‘a myth.’
Ivy League Endowments Lag 60-40 Portfolio
None of the elite universities’ endowments beat a 60-40 portfolio over the past decade.