Endowments

ILPA New Private Equity Principles

Last month the Institutional Limited Partners Association (ILPA) published their updated private equity principles. ILPA’s Private Equity Principles were developed to encourage discussions between Limited Partners and General Partners regarding...

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Research on Luck in Venture Capital

‘Tis better to be lucky than to be good. Picking a winning investment early on meant little for the firm’s future success in selecting companies, the analysis found. VC firms that had enjoyed initial success were no better than their mainstream...

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Shutting Down a School

Schools are shutting down throughout the country. Some of the conditions contributing to this perfect storm are of the institutions’ own making, such as their exorbitant sticker price (close to $37,000 on average nationally, which is about the...

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New Team at Emory Endowment

A year ago Emory University hired a new Chief Investment Officer. In his role as CIO, [Srinivas “Srini”] Pulavarti will lead the Emory Investment Management (EIM) group, a team of investment managers who work to maintain a well-diversified...

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Compensation at Columbia Endowment

How much does a Chief Investment Officer at an Ivy League school make? Endowment chiefs at Ivy League and other elite schools are often the highest compensated employees at their institutions, surpassing even the presidents. Harvard paid Narvekar...

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