Endowments & foundations
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Yale puts students to work analyzing low-carbon investing
trueYale University, New Haven, Conn., will host its “National Low-Carbon Portfolio Case Competition” at the Yale School of Management's Evans Hall on Nov. 14.
University of Illinois endowments return 14.7% for fiscal year
trueUniversity of Illinois' university and foundation endowments returned a combined 14.7% for the fiscal year ended, June 30, said Jessica Hampson, spokeswoman for the Urbana-based foundation, in an e-mail.
University of Glasgow to divest from fossil-fuel companies
trueUniversity of Glasgow is the first university in the U.K. to promise to fully divest from fossil-fuel industry companies, said a spokesman.
University of Texas' largest endowment fund returns 15.1%
trueUniversity of Texas System's largest endowment, the $17.4 billion Permanent University Fund, returned 15.1% in the fiscal year ended Aug. 31, documents for the Thursday meeting of the board of trustees of University of Texas Investment Management Co., Austin, show.
University of Chicago's 12.7% return pushes assets to new high
trueUniversity of Chicago's endowment reached a new high — $7.5 billion — as of June 30, up 11.9% from the same date a year earlier.
University of West Florida's foundation preps 2015 consultant search
trueUniversity of West Florida's foundation, Pensacola, will search for an investment consultant in the spring.
Boston University endowment gains 16.7%
trueBoston University’s endowment posted a preliminary return of 16.7% for the fiscal year ended June 30, compared to a preliminary return of 11.5% for the year ended June 30, 2013.
EFAMA: Investment fund assets rise 5.2% to €25.7 trillion in Q2
trueGlobal investment fund assets rose 5.2% to €25.7 trillion ($35 trillion on June 30) for the second quarter, said the European Fund and Asset Management Association.
UTIMCO ready to invest $1 billion in private equity real estate
trueUniversity of Texas Investment Management Co. has $1 billion to invest in private equity real estate, said Bruce Zimmerman, UTIMCO’s CEO and chief investment officer, speaking Wednesday at the Pension Real Estate Association’s 24th Annual Institutional Investor Real Estate Conference at the Hyatt ...
Rockefeller fund uses outsourced CIO to help achieve mission-related investing goals
trueA key part underlying the Rockefeller Brothers Fund’s process to divest its fossil-fuel holdings and shift its investments closer to its philanthropic aims was moving to an outsourced CIO structure.
University of Florida Investment Corp. names new CIO
trueWilliam S. Reeser was named chief investment officer of the University of Florida Investment Corp.
Harvard promotes head of public markets to CEO
trueStephen Blyth was named president and CEO of Harvard Management Co., effective Jan. 1, 2015.
Harvard's absolute-return program posts highest outperformance among its asset classes over 5 years
trueHarvard University's absolute-return program outperformed it benchmark by 3.9 percentage points annually over the five-year period ended June 30, topping all other asset classes.
Stanford endowment gains 17% for fiscal year
trueStanford University Merged Pool, which includes its $21.4 billion endowment, returned 17% in the year ended June 30.
Rockefeller fund saying no to fossil fuels
trueRockefeller Brothers Fund, New York, has begun divesting its fossil-fuel holdings, said a statement Monday from the foundation.