“The Cook Children’s Health Care System has hired a senior investor from Columbia University’s endowment as its new chief investment officer, a Cook Children’s spokesperson confirmed Tuesday. ‘Tony Bagwell of Columbia Investment...
Read moreEndowments 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...
Read moreCambridge 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...
Read moreKlarman 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...
Read moreRahul Moodgal – Master Fund Raiser (EP.87)
Rahul Moodgal has spent 20 years as a fund raiser across long only strategies, hedge funds, fund of funds, customized solutions, start-ups, and non-profits. Collectively, Rahul has raised and helped raise $60 billion for firms since...
Read moreHarvard Breaking Higher Ed Fundraising Record
“All but the first fiscal year of the capital campaign saw annual fundraising totals in excess of $1 billion. Last year, Harvard raised $1.28 billion, up from $1.19 billion the year before. This year, only two other schools — Stanford and...
Read moreCNBC clip
Ted appeared on CNBC to discuss off-the-run investment opportunities.
Read moreUTIMCO CIO Britt Harris First Year at Endowment
“‘I’d heard that endowments were in general strong performers, but they are even stronger than I had anticipated,’ Harris admits. The investment chief describes endowments as the ‘most aggressive institutional alpha seekers’ in operation, with...
Read moreCollege 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...
Read moreColumbia 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...
Read moreChris Ailman – CalSTRS’ Venerable CIO (EP.86)
Chris Ailman is the chief investment officer of the $220 billion pool for California State Teachers’ Retirement System (CalSTRS). He joined CalSTRS back in 2000 after 4 years as CIO of the Washington State Investment Board and 11 years as...
Read moreThe Price That Makes Hedge Funds a Steal
This article originally appeared here in Institutional Investor on January 31, 2019 Hedge funds are expensive. Would you buy them if they weren’t? If the answer is no — here’s why you might want to reconsider. When Tim Cook announced...
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