endowments
| 7:55AM 9/10/2010
Harvard University is no longer in talks to sell real estate stakes to China's sovereign wealth fund, Bloomberg News reported.
The school had been in talks with China Investment Corp. regarding the sale of real estate stakes worth hundreds of millions of dollars, Bloomberg News reported without...
| 11:20AM 6/23/2010
A lot more money could be flowing to promising startups. But it's not because some investors are disgruntled about VC's high risk, low returns, and scarcity of ways to cash out. And in the absence of a new wave of big tech innovation, investors have little incentive to part with their cash.
| 10:30AM 6/02/2010
The nonprofit Center for Social Philanthropy reports that many institutions of higher learning were far from innocent victims of the economic downturn. Rather, risky endowment investing played a major role in the financial meltdown.
| 11:00AM 3/26/2010
If the Wild West is the home of manly men, you wouldn't know it by the penis size study just released by Condomania. Men in Utah and Wyoming apparently caught the short end of the stick. In contrast, residents of New Hampshire, Oregon and New York must be bursting with pride at finishing at the top...
| 2:05PM 1/28/2010
Universities' aggressive investment strategies cost them dearly in fiscal 2009. For the year ending June 30, endowments lost 18.7%, their worst decline since the 1930s. That contrasts sharply with another trend in higher education: rising salaries for university officers.
| 7:00AM 9/11/2009
The endowments of Harvard and Yale took a horrible beating in the last fiscal year, proof that brains don't necessarily top the market. Documents from Harvard for the year ending June 30 show that its fund declined to $26 billion. That includes a 27.3 percent loss on investments and $1.7 billion in...
| 4:00PM 2/25/2009
Colleges and universities raised a record $31.6 billion in 2008, a rise of 6.2% over the previous year.But with the stock market in the toilet, that number could plunge in 2009. Add in declining state aid for public universities, plunging family finances impacting college affordability and a soft...