Results tagged “Endowments” from Dealbreaker

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Layoffs Watch '09: Dartmouth

Add Dartmouth to the list of crashed endowments: Dartmouth College, the smallest school in the Ivy League, will fire 60 employees after its endowment value fell $700 million, or 18 percent, because of the global recession. An additional 70 employees...

Park The Car In Harvard Yard

The Wall Street Journal is reporting that "Six top Harvard endowment managers were paid a total of $26.8 million for the fiscal year ended June 30." It should be pointed out that the endowment fund earned returns just south of...

Financial Distress Meme: The Lehman Letter

Yes, University endowments, heavily reliant on alternative investments that have had the stuffing kicked out of them lately, have taken it on the chin. Still, don't worry about the University of Virginia. They have things totally under control. No, seriously....

My Endowment Is Still Bigger Than Yours

Remember when everyone wanted to be able to invest "like Harvard" does? (Of course this really just translated to a massive move into equities and increasing reliance on hedge funds and managers). In retrospect, you could easily called the top...

Memories....

Remember the good old days? The latest financial sporting fad was predicting the imminent death of private equity. LIBOR meant something. Someone was going to make a killing in commodities, you'll see. Endowments were the BSD's to emulate on the...