Brown University Names New Investment Managers
Joseph Dowling III, Jane Dietze promoted to CEO, CIO respectively.
Tag: Endowments
Newsmakers
Church of England Votes to Divest from Fossil Fuels
Oil, gas companies have until 2023 to comply with Paris Agreement goals before the church will pull all holdings.
Corporate Moves
University of Pittsburgh Names New CIO, Treasurer
Greg Schuler will oversee the nearly $4 billion endowment.
Risk
Swarthmore Endowment Will Not Divest from Fossil Fuels
Board of managers upholds 1991 policy to seek financial results, not social objectives.
Minimizing the Endowment Tax
Goldman Sachs offers strategies universities can use to reduce the effect of the new endowment tax.
Newsmakers
Harvard Overseer Resigns over Fossil Fuel Investments
Kat Taylor accuses $37.1 billion endowment of funding ‘pernicious activities.’
Newsmakers
University of Michigan Responds to Endowment Conflict of Interest Reports
University hires PricewaterhouseCoopers to conduct internal audit.
Newsmakers
University of Louisville Sues Former President over Endowment Losses
James Ramsey, four others are accused of enriching themselves while depleting the endowment.
Regulation
Swarthmore Students Vote to End Ethical Investing Ban
Referendum calls for social objectives to be factored into investment decisions.
Endowment Index Declines 0.36% in Q1
Tracking portfolio reverses last year’s gains after surging in January.
Asset Allocation
UC’s Bachher Indicates De-risking of Commodities Portfolio in Near Term
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.
Endowments and Foundations Eye Positive Economy, Emerging Markets
NEPC survey finds geopolitical tension among biggest concerns.
NACUBO Taps TIAA for Annual Endowment Study
Previous sponsor to provide complementary research.
Newsmakers
Harvard Alumni Call for New Investment Strategy
Members of the class of 1969 want the $37.1 billion endowment to be more passive.