Monthly Archives: February 2019

Endowments Return 8.2% in 2018

“Other than the upturn at the University of Texas system, which saw a jump of 16.4 percent, the list of the wealthiest schools stayed mostly the same. Behind Yale were Stanford and Princeton universities, with more than $25 billion, while...

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Cambridge Associates on Cryptoassets

“Most large institutions have steered clear of the 10-year-old, $120 billion industry because it’s largely unregulated and cryptocurrencies have been used to finance illicit trade. The collapse in crypto prices hasn’t helped either...

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Klarman Foundation Hires CIO

“Baupost is also well known as a distressed-debt investor, profiting from trades such as Lehman Brothers Holdings Inc.’s bankruptcy. In that investment, the Lehman bankruptcy estate eventually distributed billions to investors, including...

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College Giving in 2018 Up 7.2%

“The S&P 500 Index’s 14 percent return in the period may have helped encourage giving from a variety of donors. Three colleges brought in more than $1 billion each. Seven got single gifts of $100 million or more, the highest number of...

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Columbia Building Manhattanville Campus

“Today, the heart of industrial Manhattanville, which is sandwiched between Broadway and 12th Avenue at the end of West 125th Street, has been replaced with a giant hole in the ground that’s ringed by a few remaining historic fragments. The...

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