CIO Amy Falls is guiding Northwestern University's endowment toward higher assets, portfolio changes and a more collaborative workforce.
David Gilmore, deputy CIO of The Harry and Jeanette Weinberg Foundation Inc., will become CIO in September, replacing Jonathan Hook.
College and university endowments returned an average net 30.6% in the fiscal year ended June 30, according to a NACUBO-TIAA study.
The growth pace of Harvard University's climate solutions portfolio should accelerate, an endowment climate report said.
University of Southern California said its $8 billion endowment returned 43.2% for the fiscal year ended June 30.
Pomona College's $3.2 billion pooled investment fund returned a gross 39.4% for the fiscal year ended June 30.
Northwestern University's long-term balanced pool of endowment assets returned a net 37% for the fiscal year ended Aug. 31.
UCLA Foundation's $3.9 billion endowed investment pool returned 34.3% for the latest fiscal year — though still below its benchmark.
Purdue University announced its $2.6 billion endowment had a net return of 38.6% for the fiscal year ended June 30.
Indiana University Foundation's $3.1 billion pooled long-term investment portfolio returned a net 40.6% for the fiscal year ended June 30.
Williams College's $4.2 billion investment pool of endowment assets returned a net 49.9% for the fiscal year ended June 30.
Jason R. Safran was named CIO at Texas Christian University, where the former asset manager will oversee its $2 billion endowment.
Rice University's $8.1 billion endowment returned 36% for the most recent fiscal year, exceeding its 34.4% policy benchmark.
Syracuse University's $1.8 billion managed endowment fund returned a net 30.8% for the fiscal year ended June 30.
Michigan State University's $3.9 billion common investment fund returned a net 41.7% for the fiscal year ended June 30.
Colgate University posted a 35.8% return for the fiscal year ended June 30. The previous fiscal-year return was 4.2%.
Notable leadership changes occurred during a year of record-setting investment returns for university endowments.
University endowments experienced spectacular returns in FY2021, thanks to public equities and higher allocations to private investments.
Claremont McKenna College's $1.9 billion long-term investment pool returned a net 43.3% for the fiscal year ended June 30.
University of Rochester returned a net 41.7% for the fiscal year ended June 30, well above its benchmark return of 30.7%.
Case Western Reserve University's $2.4 billion endowment pool returned a net 31.5% for the fiscal year ended June 30.
Vanderbilt endowment's investment performance helps boost its total assets by 58% in 12 months.
Dartmouth College's $8.5 billion endowment returned 46.5% for the fiscal year ended June 30.
Assets of the top U.S. foundations are still managed predominantly by white men, according to a new study.
The endowment of Bowdoin College achieved a net return on investment of 57.4% for the fiscal year ended June 30.