Staff • April 19, 2017
Allocating to firms whose activities run counter to an organization’s mission can serve as a “mission hedge,” according to Federal Reserve research.
Kip McDaniel • April 14, 2017
Endowment capital innovation began before alternatives. As Institutional Investor reported in September 1967, it started with stocks. By Kip McDaniel
Staff • April 12, 2017
The stock market is becoming a “holding pen for massive, sleepy corporations” with low growth prospects, a Duke law professor says.
Staff • April 10, 2017
Two-and-twenty fee structures have been all but eliminated from the $25 billion endowment’s hedge fund portfolio — but even Yale has “limited bargaining power” with private equity managers.
Imogen Rose-Smith • April 05, 2017
Ford is plowing $1 billion into impact investing. But can it bridge the divide between grantmaking and investment goals?
Amanda Cantrell • April 03, 2017
Managers who have spun out of the university’s famed endowment have produced mixed results.
Imogen Rose-Smith • April 03, 2017
You can take the rock star out of Jersey, but you can’t take Jersey out of the rock star. Along with NBA star Chris Paul, Jon Bon Jovi is the cornerstone investor in a housing fund for the underserved.
The Editors • March 22, 2017
David Rubenstein's Carlyle Group raised immense amounts of capital on the back of its famous board members. Then, the co-founder recounts, it made a lot of money for its investors.
Staff • March 22, 2017
Recent federal requirements for presidential libraries call for significantly more private financing.
Leanna Orr • March 14, 2017
John-Austin Saviano plans to exit, II has learned — the latest example in an epidemic of turnover at elite US endowments.
Leanna Orr • March 13, 2017
The Ivy League endowment has hired a member of its own investment committee and Bloomberg’s ex-CIO.
Sheila Dang • March 10, 2017
While gains still lag expectations seen during the financial crisis, active fund managers should be more successful picking stocks.
Staff • March 10, 2017
Performance outcomes should not be judged based on fund size, according to research from the TIAA Institute.
Sheila Dang • March 09, 2017
Crow will manage Trinity’s $1.1 billion endowment in a newly created position.
The Editors • March 01, 2017
In September 2008, Wall Street was crumbling. George H. Walker, then the investment management chief at Lehman Brothers, had one job: to save Neuberger Berman, which Lehman had purchased in 2003. Here’s how he did it.
The Editors • February 28, 2017
Over the course of the year, Institutional Investor’s journalism will undergo stark changes to mark the magazine’s 50th anniversary — and to adapt to a changing asset management world. Here’s what’s in store.
Frances Denmark • February 20, 2017
Over the past decade, endowment CIOs have faced increasing pressure to turn in top performances for their multi-billion dollar portfolios. The result: a merry-go-round of job changes.
Frances Denmark • January 31, 2017
The annual NACUBO-Commonfund Study of Endowments highlights continued disappointing performance across the U.S.
Imogen Rose-Smith • January 25, 2017
After years of turmoil at the top, Harvard is reversing its long-standing commitment to managing most of its endowment money in house. The management company will lay off up to half its investment staff and spin out its real estate business.
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