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Virginia Univ Endowment Regains $1.5B

The endowment and other associated funds of University of Virginia have recovered about $1.5 billion lost during the 2008 market crash.

The endowment and other associated funds of University of Virginia have recovered about $1.5 billion lost during the 2008 market crash, Richmond Times Dispatch reports. The current size of the funds is $5.24 billion.

The funds had reduced to $3.76 billion in February 2009. University of Virginia Investment Management manages the funds of the university and the money belonging to affiliated foundations.

Click here for the story from Richmond Times Dispatch.

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