Tokyo's soon-to-launch University Endowment Fund pledges to support research but also aid U.S.-style endowment funds gain traction in Japan.
University of Virginia Investment Management Co.'s pool of $9.6 billion returned a gross 5.8% for the fiscal year ended June 30.
Ohio State University's long-term investment pool returned a net 1.2% for the fiscal year ended June 30, below its 7% benchmark.
University of Kansas' $1.6 billion endowment returned a net 5.6% for the fiscal year, below its benchmark return of 6.7%.
Vanderbilt University's endowment returned a net 6.7% in the fiscal year ended June 30, below its 12.6% return a year ago.
The head of Harvard’s endowment expresses displeasure with the fund's recent fiscal-year performance, but sees “indicators of progress.”
University of Washington's consolidated endowment fund returned a net 5.8% for the fiscal year, short of its 6.2% policy benchmark.
The endowment of Yale University posted a net return of 5.7% for the fiscal year ended June 30.
The two educational endowments managed by UTIMCO each returned 5% in the year ended June 30.
Massachusetts Institute of Technology's endowment posted an 8.8% net return for the fiscal year ended June 30.
Timothy M. Donohue, CIO of Columbia University's endowment, was named chief investment officer of Kamehameha Schools.
Tilly Franklin was named CIO of the $3.8 billion endowment fund of University of Cambridge, replacing Nick Cavalla.
Letitia Johnson was named chief investment officer for Amherst College, effective Sept. 9.
Princeton's endowment chief is stepping up efforts to bring more women and minorities into a money management industry dominated by men.
Former U.S. Vice President Al Gore said Harvard University should divest its $39 billion endowment of fossil-fuel investments.
Harvard University paid its top six endowment officials $40.5 million total in 2017, including $9.3 million to CEO N.P. "Narv" Narvekar.
Harvard University's N.P. "Narv" Narvekar is doubling down on an investment that has fallen out of fashion: hedge funds.
Harvard University's endowment is backing Blockstack Inc., a cryptocurrency company that seeks to hold a $50 million digital token offering.
Yale University increased its venture capital allocation to almost a fifth of its endowment, after the asset class helped drive its returns.
Independent school endowments returned an average net 7.4% for the fiscal year ended June 30, Commonfund Institute finds.
Historically black colleges and universities are working to boost their endowments, while some are focusing on adding diverse managers.
Wellcome Trust returned 13.4% for the year ended Sept. 30, bolstering the endowment's assets to £29.5 billion ($38.4 billion).
Jonathan Larkin was named a managing director at Columbia Investment Management Co., which manages Columbia University's endowment.
Private and public equity were the top returning asset classes for Harvard University's 2018 fiscal year.
U.S. endowments performed well in the most recent fiscal year, particularly those with healthy exposures to U.S. equities and alternatives.