Alex Banker was appointed to run Yale University's $31.2 billion endowment on an interim basis, following the death of CIO David Swensen.
Deborah Shufrin was named chief investment officer at Colby College, replacing Hugh O'Donnell in overseeing Colby's $1 billion endowment.
U.S. educational endowments saw average returns drop to 1.8% in fiscal year 2020, down from 5.3% in the year earlier.
Independent school endowments returned an average net 2.8% for the fiscal year ended June 30, a significant decline from previous years.
Rice University's endowment returned a net -0.7% for its fiscal year, below its policy benchmark return of 1%.
Northwestern University's pool of endowment assets returned a net 7.1% for its fiscal year, slightly behind its 7.2% benchmark.
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.
Smith College announced plans to seek its first CIO and manage its $2 billion portfolio in-house after working with an OCIO for 16 years.
University of Kentucky's new target allocation for its $1.6 billion endowment includes an increase in global public equities.
Williams College's $2.8 billion investment pool returned a net 3.3% for the fiscal year ended June 30, below its 5% policy benchmark.
New Mexico State Investment Council is redeeming investments from two non-core fixed-income separate accounts.
Tufts University's $2 billion total return pool, which includes the school's $1.7 billion endowment, returned a gross 3.7% return.
Washington and Lee University's $1.2 billion endowment returned a net 3.2% for the fiscal year ended June 30.
University of Michigan's long-term investment portfolio returned a net 2.3% for the fiscal year ended June 30.
Case Western Reserve University's $1.9 billion endowment pool returned a net 1.3% for the fiscal year ended June 30.
University endowments with higher allocations to private investments saw more success during a volatile 2020 fiscal year.
Harvard University's endowment spun off its natural resources team, creating an independent entity to manage some farm-related investments.
Vanderbilt University's endowment returned a net -0.1% in the fiscal year ended June 30, compared to 6.7% a year ago.
The University of Washington's consolidated endowment fund returned 1.1% for the fiscal year ended June 30, falling short of its benchmark.
Brown University reported a net 12.1% return for its $4.7 billion endowment for the fiscal year ended June 30.
The endowment of Yale University posted a net return of 6.8% for the fiscal year ended June 30, bringing assets to $31.2 billion.
Dartmouth College's $6 billion endowment returned 7.6% for the fiscal year ended June 30.
Ohio State University's long-term investment pool returned a net 1.1% 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.