Private Equity
Harvard University has named an insider, Stephen Blyth, to run its $36.4 billion endowment, the world’s largest.
2 min read · 25 September 2014
Christopher Culbertson, an investment director at the Davidson College Endowment, has joined Verger Capital Management to focus on asset allocation and manager due diligence, according to the endowment’s website.
2 min read · 03 July 2014
Jane Mendillo, the first woman to run Harvard University’s investment arm, will leave at the end of 2014 after guiding the Ivy League school’s $32.7 billion endowment through the financial crisis and its aftermath.
3 min read · 11 June 2014
Harvard University continues to have the largest endowment for fiscal year 2013 (ended June 30) with more than $32 billion.
1 min read · 06 June 2014
Private equity investments by college and university endowments delivered an average return of 9.1 percent in 2013, falling short of the 11.7 percent jump in overall portfolios and reversing a year-ago outperformance by the asset class, according to a closely-watched annual survey by the NACUBO-Commonfund Study of Endowments.
2 min read · 29 January 2014
Private equity investments ranked second among seven alternative investing strategies in a major survey of U.S. college and university endowments with a return of 11.3 percent in the 2013 fiscal year, while overall allocations shifted away from alternatives and into rising public equity markets.
2 min read · 06 November 2013
Kristi Craig, former executive with the Small Business Investor Alliance, confirmed a news report that she joined the Georgetown University endowment earlier this month as director of private markets, sister publication peHUB reported.
1 min read · 29 October 2013
The University of Pennsylvania tapped Peter Ammon, a colleague of legendary Yale University endowment chief David Swensen, as its next chief investment officer. Ammon, who is 36 years old, has been at Yale for eight years. His new job is set to begin July 1, the first day of the university’s 2014 fiscal year.
2 min read · 11 April 2013
Riding high on their access to top venture funds, endowments left other categories of limited partners in the dust, performance-wise, in the 1990s. But by the following decade they had largely lost their Midas touch.
2 min read · 13 February 2013
U.S. college and university endowments posted an average loss of 0.3 percent for fiscal 2012, a sharp reversal from a gain of 19.2 percent a year earlier, although private equity gained 5.1 percent, according to sister news service Reuters.
2 min read · 01 February 2013
