The richest private colleges in the U.S. will see about $85 million less in government stimulus money to contend with the COVID-19 crisis.
University of Kentucky's new target allocation for its $1.6 billion endowment includes an increase in global public equities.
Harvard University's endowment spun off its natural resources team, creating an independent entity to manage some farm-related investments.
Brown University reported a net 12.1% return for its $4.7 billion endowment for the fiscal year ended June 30.
Georgetown University seeks to spur a dialogue on bringing more diversity into its "overwhelmingly white and male" investing business.
Harvard University paid its top six endowment officials $33 million total in 2018, including $7.2 million for CEO N.P. "Narv" Narvekar.
New Mexico State Investment Council restructured its $4.1 billion domestic equity portfolio to improve performance.
The Ford Foundation plans to use proceeds from the sale of $1 billion in bonds to provide grants to nonprofits struggling from COVID-19.
Foundation trustees and others asked Congress to mandate increased annual payouts as an emergency charity stimulus to the COVID-19 crisis.
Michael Pia was named chief investment officer of Texas A&M Foundation.
Rich universities are investing to save the heart of their college towns: the small businesses near campus.
Broward College named four finalists in its search for an investment consultant for its $77 million foundation.
MIT President L. Rafael Reif issued an open letter regarding the university's relationship with Jeffrey Epstein.
Muthu Muthiah was named chief investment officer of the $1.9 billion Group Health Foundation.
David Harding, founder of hedge fund firm Winton Group, donated £100 million to the University of Cambridge.
Colleges facing the new endowment tax won't be taxed on unrealized income from their billions of dollars in assets before the levy was approved.
The potential for a trade war with China and other events affecting the global economy were a top concern for endowment and foundation investment officials.
Dan Cummings, Harvard University's former head of real estate, received $23.8 million in 2016, making him the highest-paid employee at the endowment.
Columbia University's endowment has invested a third of its assets in hedge funds at a time when other large investors are chasing low-cost passive funds.
Another Harvard University farmland investment in Brazil may go awry.
A tax on wealthy college endowments isn't set to be collected for more than a year, yet schools are working behind the scenes to roll it back.
The University of Michigan's CIO was recently rewarded with a salary increase and a higher target bonus to ensure that he was being paid on par with peers.
Alice Handy, who founded Investure in 2003, promoted Bruce Miller to succeed her as CEO on Jan. 1 as she prepares to retire at year-end.
The University of Texas Investment Management Co. is trying to change how its hedge fund managers are paid using a model known as 1-or-30.
Harvard University's endowment is in talks to move the management of a portion of its real estate investments to Bain Capital.