How Tax Changes Will Upend Investing at Endowments and Foundations
More than 3,000 foundations are expected to face increases, potentially raising as much as $385 billion in tax revenues over the next decade.
Recent Articles
The Troubles Plaguing Private Capital Create a Windfall for Secondaries
Funds that buy PE stakes from investors that need liquidity raised a record $102 billion — and 2025 could be another banner year.![<p style="-webkit-text-stroke-width:0px;caret-color:rgb(0, 0, 0);color:rgb(0, 0, 0);font-style:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:auto;text-align:start;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;widows:auto;word-spacing:0px;" data-pm-slice="0 0 []">The Troubles Plaguing Private Capital Create a Windfall for Secondaries</p>]( /sites/inv/files/styles/featured_article_image/public/images/gettyimages-1937536154.jpg.webp?itok=Nf9dGDcf "<p style=\"-webkit-text-stroke-width:0px;caret-color:rgb(0, 0, 0);color:rgb(0, 0, 0);font-style:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:auto;text-align:start;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;widows:auto;word-spacing:0px;\" data-pm-slice=\"0 0 []\">The Troubles Plaguing Private Capital Create a Windfall for Secondaries</p>")
Cornell’s CIO on Endowments Selling PE Stakes: ‘I Don’t Know What’s Going on There’
“We’ve stuck to our guns. We rebalance when we should and have plenty of liquidity,” says Ken Miranda.
James Comtois
June 13, 2025
